My fiance is currently working towards his bachelor's degree in Elementary education. I have heard from many people that lots of schools (particularly hard-to-staff school or classes with students with behavioral problems) will pay part or all of a teacher's loans in return for a committed employment. I haven't been able to find any information regarding this online, though. Does anyone know any websites or specific details about locating one of these jobs? Any information that you might have would be really helpful! Thanks!
2006-07-27 22:16:06 · 6 answers · asked by catalina 1 in Education & Reference ➔ Teaching
I am about to have portions of loans forgiven because I've been teaching in a rural (title 1) school for 5 years. I get $5000 forgiven.
People who do science, math, or special education can get $17,500 forgiven (I wish I'd have known that before!).
the application and guidelines are here:
http://www.dlssonline.com/tools/show-pdf.asp?PDF=othf_tlfa_auto.pdf
As far as finding a school that pays for college, You'll need to investigate each school district individually. Generally, the ones I've heard about that do that are city schools.
2006-07-28 01:30:12 · answer #1 · answered by LEMME ANSWER THAT! 6 · 1⤊ 0⤋
i'd choose to no longer locate records about the loans being positioned on forbearance extremely because he's a instructor. he's likely were given them in forbearance because he can. You get some needed forbearance's for particular circumstances and that i imagine 1 million basically because. call your lender and they are going to be able to allow you to recognize. i imagine also they're listed in this e book. he will be able to forbearance for a together as, possibly many years.... yet finally he may choose to pay on them previously he finishes his 5 years preparation to get the loans forgiven. basically so that you recognize, if he/you bypass into default once you aren't any further to any volume better in forbearance for at any time the forgiveness software is the private personal loan isn't longer eligible to be forgiven. sturdy fulfillment.
2016-11-26 20:24:13 · answer #2 · answered by ? 4 · 0⤊ 0⤋
You can get between $5,000 and $17,500 of your federal student loans forgiven for teaching in specific areas. On the federal student aid website, you can learn more and search for schools that qualify for the benefit.
2006-07-28 11:44:33 · answer #3 · answered by josie 2 · 0⤊ 0⤋
You need to work in a low income district for 5 years. Note: your district has to listed by the federal government as low income - see the website for designated districts.
Some states and school districts also have their own programs.
2006-07-28 02:19:15 · answer #4 · answered by E. 2 · 0⤊ 0⤋
I would recommend contacting the lender directly to see what circumstances qualify for loan forgiveness. It can be discipline (not usually elem ed though) or teaching at an economically depressed school.
2006-07-28 01:15:50 · answer #5 · answered by pdaisy1821 2 · 0⤊ 0⤋
check out Title 1
schools that are considered title 1 are those with higher rates of poverty and minorities. these are the schools that will get you qualified to have your loans partially forgiven etc. also, teachers teaching math science, ESL/Bilingual in those areas especially qualify.
2006-07-28 18:54:33 · answer #6 · answered by purple_heart0128 3 · 0⤊ 0⤋