Loan Forgiveness

Public Service Loan Forgiveness Program – pays the remaining balance on a Federal Direct Loan after a loan recipient who works for a qualifying employer makes 120 consecutive monthly payments. Public school districts normally would be considered a qualifying employer. For more information go to:

Federal Perkins Loan Cancellation – provides full loan forgiveness of Federal Perkins loans for eligible teachers working in low income areas. For more information about this program, go to:


Federal Teacher Loan Forgiveness Program – provides up to $17,500 in loan forgiveness for eligible teachers with Federal Direct Loans and Federal Stafford loans who work in low-income schools for five consecutive years. For more information about this program, go to:


Rural Recruitment Loan Forgiveness