astrologa
Jul 14 2006, 01:48 AM
Have any of you got
student loan forgiveness from the federal government by doing any of the things such as Peacecorps, teaching in low income areas, etc from that article?
how do you go about applying for your loan to be forgiven?
LynnInMN
Jul 14 2006, 07:48 AM
QUOTE(astrologa @ Jul 14 2006, 01:48 AM)

Have any of you got
student loan forgiveness from the federal government by doing any of the things such as Peacecorps, teaching in low income areas, etc from that article?
how do you go about applying for your loan to be forgiven?
It is not an easy way to get your loans paid. Peace corp volunteers can get partial forgiveness or 15% per year up to 70%. Even teaching is a slow road to forgiveness.
http://www.finaid.org/loans/forgiveness.phtml
nitenrz
Jul 14 2006, 07:56 PM
Got my perkins forgiven. I'm going back for a post masters so I plan on using a forgiveable loan.
cityhopper
Jul 17 2006, 11:22 AM
QUOTE(nitenrz @ Jul 14 2006, 08:56 PM)

Got my perkins forgiven. I'm going back for a post masters so I plan on using a forgiveable loan.
Details?
fiezta
Jul 17 2006, 01:59 PM
Thanks for the info, but would you please kindly give us the detail on how to do so?
Thanks
LynnInMN
Jul 17 2006, 02:15 PM
QUOTE(fiezta @ Jul 17 2006, 01:59 PM)

Thanks for the info, but would you please kindly give us the detail on how to do so?
Thanks
http://www.finaid.org/loans/forgiveness.phtmlThis site explains everything.
Melanie1978
Sep 16 2006, 06:18 PM
I am a teacher and work in a low income area teaching science. Guess what I can't get my loans forgiven because I got them after the cut off date. So even teaching wont get them for you if your first loan was before October 1998.
I have written DOE, all the people on the education committee in COngress and Seante the vice and president. Everyone referred me back to the DOE who only sent a package outlining the program,. I tried to make them understand that I know the program but it is flawed, but no one really read my letter. Oh well guess I will be paying those things off myself.
killingtime2
Sep 16 2006, 07:22 PM
I did a year of Americorp back in '97. It's a really good program and I think the yearly educational award is now close to $5000.