Loan Forgiveness

[SpeechLaedy]

For the Teacher Loan Forgiveness, are we as future SLPs with TSSLD (required here in NY) eligible for the full $17,500 in loan forgiveness or just $5,000? This is what it says on the studentaid.gov website:

 

Service Beginning on or After Oct. 30, 2004

If your five complete and consecutive years of qualifying teacher service began on or after Oct. 30, 2004, please note the following:

• You may receive up to $5,000 in loan forgiveness if you were a highly qualified full-time elementary or secondary school teacher.
• You may receive up to $17,500 in loan forgiveness if, as certified by the chief administrative officer of the school where you were employed, you were
  • a highly qualified full-time mathematics or science teacher in an eligible secondary school; or
  • a highly qualified special education teacher whose primary responsibility was to provide special education to children with disabilities, and you taught children with disabilities that corresponded to your area of special education training and have demonstrated knowledge and teaching skills in the content areas of the curriculum that you taught.

 

Link to page: https://studentaid.ed.gov/sa/repay-loans/forgiveness-cancellation/teacher#highly-qualified

Edited May 29, 2017 by SpeechLaedy

[Jolie717]

I'm not sure which you qualify for, but DeVos is proposing an end to loan forgiveness programs as part of her education cuts.  I strongly urge everyone here to write their representatives in protest of these potentially disastrous cuts.  It's a disgrace, honestly. 

[pbandj]

What Jolie717 said. Right now I am trying not to bank too much on loan forgiveness programs, though I suppose I should still look into them. I fear they will either be eliminated or look drastically different by the time I begin paying back my loans. Such a shame.

[SpeechLaedy]

Ugh. I was afraid of that. I don't follow what's going on in politics at all so I wouldn't have known. Thank you for that info!