Federal Perkins Loan

$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 →

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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 →

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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 →

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