Any science teachers/to-be science teachers know about federal loan forgiveness programs?

[CookiesForDinner]

So, as I've accepted I'm going to a private GSE, I assumed that I leave the program (albeit short) in a significant amount of debt. Though I started researching federal loan forgiveness for science teachers (I'll be certified in secondary general science/earth science) and it looks like there are a lot of opportunities to have your loans forgiven if you teach in low-income areas? --for the record, i planned on teaching in low income areas anyway --

does anyone have any experience with this, past what the government site can tell me? Because it almost seems too good to be true..

[hitomimay]

I could be mistaken, but I remember looking up financial aid options last year, and you don't actually have to be science at all. You just need to be working at a low-income school that doesn't meet AYP for 5 years to have loan forgiveness.

[jbriar]

Hey-

I have friends working through their 5 years right now. Not only is the program legit, you can also defer your student loans all 5 years if your total in loans/interest is less than the 17,500 you'll receive at the end of the program.

It is a great deal, and just another benefit of working with young folks.

-J

[CookiesForDinner]

that is awesome!! thanks for the insights. Unfortunately my loans will be over 17,500, but it will definitely help a lot down the road!