Federal Student Aid

100% Student Loan Forgiveness!!

If you are a teacher and have served full time in a public or nonprofit elementary or secondary school system as a teacher in a school serving students from low-income families; or special-education teacher, including teachers of infants, toddlers, children, or youth with disabilities; or teacher in the fields of mathematics, science, foreign languages, or bilingual education, or in any other field of expertise determined by a state education agency to have a shortage of qualified teachers in that state, you may qualify for cancellation (discharge) of up to 100 percent of a Federal Perkins Loan. Contact The Office of Federal Student Aid, Federal Perkins Loan Teacher Cancellation Program, Union Center Plaza, 8 31st Street, Washington D.C. 20202; 800-433-3243; Continue reading

Low-Interest Student Loans

(Federal Perkins Loan Program 84.038)
Low-interest loans are available to eligible post-secondary students with demonstrated financial need to help meet educational expenses. To apply, contact the Financial Aid office of the school you attend or plan to attend. A student Financial Aid Handbook is available, as well as a list of grantee institutions by contacting the Federal Student Aid Information Center, P.O. Box 84, Washington, DC 20044; 800-433-3242; TTY: 800-730-8913. Contact the Division of Policy Development Student Financial Assistance Programs, Office of Assistant Secretary for Postsecondary Education, U.S. Department of Education, 400 Maryland Ave., SW, Washington, DC 20202-5446; 800-433-3242; Continue reading

$5,000 Student Loan Forgiveness

You might be able to have up to $5,000 of your Stafford Loans canceled if you are teaching in a low-income school and you are a new borrower. A new borrower is one who has no outstanding FFEL or Direct Loan balance. To qualify you must work as a full-time teacher for five consecutive years in an elementary or secondary school that has been designated as a "low-income" school. Contact The Office of Federal Student Aid Federal Perkins Loan Teacher Cancellation Program, Union Center Plaza, 8 31st Street, Washington D.C. 20202; 800-433-3243; Continue reading

$2,700 Grants To Go To School

(Federal Pell Grant Program 84.063)
Grants are available to students with financial need to help meet education expenses. Grants may not exceed $2,700 per year, and must be used for student’s first bachelors or other professional degree. A Free Application for Federal Student Aid is available from the Federal Student Aid Information Center, P.O. Box 84, Washington, DC 20044; 800-433-3243; {www.studentaid.gov}. Contact Division of Policy Development, Office of Student Financial Assistance, U.S. Department of Education, 400 Maryland Ave., SW, Washington, DC 20202; 800-433-3243; Continue reading

Work-Study Program Pays for School

(Federal Work-Study Program 84.033)
Part-time employment is available to students to help meet education expenses. This program pays an hourly wage to undergraduates. Graduate students may be paid by the hour or may receive a salary. A Student Financial Aid Handbook is available, as is a list of grantee institutions, by contacting Federal Student Aid Information Center, P.O. Box 84, Washington, DC 20044; 800-433-3243. Contact the Division of Policy Development, Student Financial Assistance Programs, Office of Assistant Secretary for Postsecondary Education, 400 Maryland Ave., SW, Washington, DC 20202; 800-443-3243; Continue reading