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Financial Assistance for Teachers     
Financial Assistance for Teachers
Teach for Texas
Teacher Loan Forgiveness Program
 
 

Teacher Loan Forgiveness Program

ATTENTION TEACHERS

Do you owe a Student loan and are teaching for a low income school district?

If you are, you may be eligible to have up to $5,000 from your student loans forgiven.

The Teacher Loan Forgiveness Program was instituted by the U.S. Department of Education to allow borrowers of Direct Loans or Federal Family Education Loan (FFEL) loans to have up to $5,000 discharged from their student loans. Direct and FFEL Loan borrowers who are teachers with new loans after October 1, 1998 and who are teaching in selected low-income schools for five consecutive complete academic years may be eligible for the Teacher Loan Forgiveness Discharge.

 

To learn about the eligibility requirements
To find out if you are teaching in a low-income area
To find out what loan types are eligible for forgiveness
And to obtain an application to apply for the Teacher Forgiveness Program

All you need to do is visit the Department of Education’s web site for additional information at www.dlssonline.com Once there, you click on FAQ’s then Teacher Loan Forgiveness Program.

IT'S FAST!    
  IT’S SIMPLE!    
    IT’S REWARDING!  

For more information, you may also contact the Student Financial Services office at SSB 186 or at (956) 381-2143.