To be eligible to participate in the Stafford Loan Forgiveness Program for Teachers you must meet the following requirements:
You may receive up to $5,000 in loan forgiveness if:
You may receive up to $17,500 in loan forgiveness if you were:
You must complete a Teacher Loan Forgiveness Application and return it to the holder(s) of the loan(s) for which you are requesting forgiveness. The chief administrative officer of the school where you performed your qualifying teaching service must certify on the application that your teaching service met the requirements for loan forgiveness for all five years.
To obtain a Teacher Loan Forgiveness Application, contact your loan holder.