Teachers that qualify will be eligible for Stafford Federal Loan forgiveness.
Teaching is a profession that requires a great deal of talent and responsibility, but it also provides educators with many personal rewards. These rewards are what attract many people into the teaching profession. Congress provided another incentive to teach when it established the Teacher Loan Forgiveness Program (FLFP).
Under the TLFP, if you borrow loan funds through the Federal Stafford Loan Program (and in certain cases, the Federal Consolidation Loan Program), and you teach for five consecutive, complete years at an eligible school, you may qualify to have up to $5,000 ($17,500 for certain highly qualified secondary and math teachers, and elementary and secondary special education teachers) of your loan balance forgiven.
To find out more information on this program, click here. http://www.tgslc.org/pdf/teacher_loan.pdf
If you have questions, you MUST contact 800.845.6267.
The Columbia College Financial Aid office cannot help you determine if you are eligible for this program.
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