Definition
A program that forgives a portion of a teacher’s federal student loans if they work in low-income schools or educational service agencies.
What to consider
- Understand the specific criteria for teacher loan forgiveness.
- Track your teaching hours and service in qualifying schools.
- Review deadlines and required documentation carefully.
Real world scenarios
- After several years of teaching in an underserved community, Carla applied for Teacher Loan Forgiveness to ease the burden of her student debt.
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