Teacher's Student Loan Forgiveness Program - PowerPoint PPT Presentation

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Teacher's Student Loan Forgiveness Program

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If you are working as a teacher and have taken a study loan then here we are going to tell you how you can apply for teachers loan forgiveness. Contact now to know more about Student Loans. – PowerPoint PPT presentation

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Title: Teacher's Student Loan Forgiveness Program


1
Top 7 questions Asked about Teachers Loan
Forgiveness
2
If you are working as a teacher and have taken a
study loan then here we are going to tell you how
you can apply for teachers loan forgiveness. We
have covered up the write up in question answer
format for your convenience.
3
Q1 I am working as a teacher, when can I apply
for loan forgiveness?
A To apply for loan forgiveness, you need to
have consecutive five years full time teaching
experience in primary or secondary school.
4
Q2 How can I know if the school I teach falls
under low income school?
A Every year, U.S. Department of Education
brings out list of elementary and secondary
schools that falls under the category of low
income school. You can check online to see if the
school you are working comes up in the category.
Please note, the inclusion or exclusion of school
is decided by the state education agency. Hence
any query should be directed to State Education
Agency not the U.S. Department of Education.
5
Q3 Will my teaching service qualify if I am
working with an Educational Service Agency?
A Yes, if you are associated with an Educational
Service Agency, your teaching experience may
qualify, the criteria is that you need to have
five consecutive years of teaching experience at
an eligible education service provider after
2007-08 academic year.
6
Q4 What if I am working with Bureau of Indian
Education that caters to the need of low income
group?
A The schools run by Bureau of Indian Education
qualify for the loan forgiveness, even if the
name of the school is not appearing in the U.S.
Department of Education annual list for low
income school. The same is applicable for the
schools operated by Indian Tribal Groups that
qualifies norms laid by the Bureau of Indian
Education.
7
Q5 How can I apply for teacher loan forgiveness?
A You need to qualify the first criteria for
loan forgiveness that is completing five years of
teaching experience in elementary or secondary
school serving low income group students. The
second step involves taking a print out of
Teachers Loan Forgiveness Application and
filling it up. There is certification section in
the form that needs to be completed by the Chief
Administrative Officer of the school where you
completed your qualifying teaching service.
8
Q6 What if I have taught at different schools
during the five year period?
A If you have served in more than one school
during the same academic year then you can
request any of the Chief Administrative Officers
to complete the Certification Section. The
procedure is going to be different if you have
served in different schools during different
academic year then the certification must be done
by all the administrative officer where you
taught. The additional certifications can be
taken on a different paper. Later, attach it with
the loan forgiveness application form.
9
Q7 What I have to do next once I have completed
the application form?
A Once the form is completed send it to your
loan holder. In case, you have taken loan from
different loan provides and are applying for the
loan forgiveness for the same then you need to
submit different forms to each of them.
10
Contact Us
Student Debt Center Contact Person - Cesar
Buitrago Address - 18459 Pines Boulevard, Suite
532, Pembroke Pines, FL 33029 Contact No. -
800-551-7187 Email Id - info_at_studentdebtcenter.or
g Website - http//studentdebtcenter.org/
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