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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
Several states and more and more local organizations and even non-profits provide money for renters with grants or loans that can be used for security deposits. Programs constantly come and go but the state of Delaware has provided grants to nonprofit agencies to administer 2 security deposit programs. Two counties in Florida provide grants to cover deposits for people at certain incomes, and New Hampshire guarantees landlords the full amount so the renter can make payments on a security deposit. This information was collected from NLIHC, 1012 Fourteenth Street NW, Suite 610, Washington, D.C. 20005, 202/662-1530. To locate available programs in your area contact your state housing office or social services office, or your local reference librarian who can assist you in finding other organizations who might provide this assistance.
This Program is to help JD graduates in pursuing careers in the field of public interest law. The Georgetown University Law Centers Loan Repayment Assistance Program offers eligible participants 100% forgiveness. To qualify applicants must be JD graduates from the class of 1996 and beyond. Contact the Financial Aid Office/LRAP Committee, Georgetown University Law Center, 600 New Jersey Ave., N.W., Washington, D.C. 20001; 202-662-9080; Continue reading
Some 26 states have something referred to as Circuitbreaker Programs which provide refunds through the state tax system for a portion of rent paid by certain populations. The programs and requirements vary widely by state but it’s purpose is to refund the portion of a person’s yearly rental costs that pay the owner’s property tax. Typically this can be between 15 to 20 percent of annual rent. This information was collected from NLIHC, 1012 Fourteenth Street NW, Suite 610, Washington, D.C. 20005, 202/662-1530, see report ‘State Funded Rental Assistance’. To locate available programs in your area contact your state housing office or social services office, or your local reference librarian who can assist you in finding other organizations who might provide this assistance.
Would you like to be free of those exasperating student loan hanging over your head? By volunteering for worthwhile causes such as community development and illiteracy in the United States you can eliminate a large portion of your student loans. VISTA (Volunteers in Service to America) will pay off $4,725 of your loans if you join in on their cause for at least 1,700 hours. Participants are eligible to receive either an education award or end-of-service stipend of $1,200. To learn more contact the Corporation for National and Community Service Headquarters, 1201 New York Avenue, NW; Washington, D.C. 20525 (800) 942-2677 or visit their website