if you are a teacher that has worked in a low income school for 5 years you may be eligible for loan forgiveness!!! Special ed teachers can get up to $17,500!
I applied for this on the last day of school (the last day of my fifth year) and I just received notice that my loans have been decreased by the full amount of 17,500!!! Thought I would spread the word, we have earned it!
http://www.tgslc.org/forms/teacher.cfm
PNF84
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I found out about this in the spring. Too bad I had only 2,000 left in loans. At least they paid that for me!
BellaRegina
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Thats awesome, i'm gonna have to tell my teacher friends!
MrsDrinkh20
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wow that's awesome! I guess those of us that don't work in low income schools don't have loans?
Thats amazing news...congrats!
FutureMcBride
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Posted by MrsDrinkh20
wow that's awesome! I guess those of us that don't work in low income schools don't have loans?
Thats amazing news...congrats!
I know I don't understand that either... I would do some research though you might qualify for another loan forgiveness somewhere!
thanks!
MrsDrinkh20
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Posted by FutureMcBride
Posted by MrsDrinkh20
wow that's awesome! I guess those of us that don't work in low income schools don't have loans?
Thats amazing news...congrats!
I know I don't understand that either... I would do some research though you might qualify for another loan forgiveness somewhere!
thanks!
Thanks! Where did you find that information?
KrisD72310
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Wow, amazing!!! But why is it only up to 5,000 for reg. elementary teachers, but 17,500 for special ed, secondary math and science teachers?
MrsDrinkh20
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My DH made a good point that the loan forgiveness is to get teachers to stay in these schools as some sort of an incentive. Maybe they need more spec. ed teachers? who knows?
nic2011
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Posted by FutureMcBride
if you are a teacher that has worked in a low income school for 5 years you may be eligible for loan forgiveness!!! Special ed teachers can get up to $17,500!
I applied for this on the last day of school (the last day of my fifth year) and I just received notice that my loans have been decreased by the full amount of 17,500!!! Thought I would spread the word, we have earned it!
http://www.tgslc.org/forms/teacher.cfm
I got this last year - wiped out almost $14,000 in fed loans...thanks NCLB!!! (at least you're good for something!)
NellieBellie32
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WOW.....i only have 4 years teaching....so this will be around next year most likely???
NellieBellie32
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what exactly is considered 'low income'????
irisheyes23
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Low income schools are schools where students get free or reduced lunch. There is a list of schools that qualify on the govt's website. Unfortunately I took my loans out 1 year too early and I don't qualify even though I've worked in low income schools since 2001.
bebita0830
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Grrrr...I still have 4 yrs to go
FutureMcBride
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A friend of mine from work gave me the info... yes it should still be around next year so fill it out at the end of next year.
I think that it is more for special ed teachers both as incentive but also because a special ed degree costs more money perhaps? It's a 3 year degree instead of a 2 year one? That's just a guess I am not sure!
Iluvpoodles
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Is low income title 1 schools?
Summer Bride 2011
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Posted by Iluvpoodles
Is low income title 1 schools?
Yes
jonea169
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Wow!!!! I am going to check on this asap...Thank you so much!!!!
I have 100 K + in loans...i'm not sure if I will qualify but its worth looking into!!!!
nic2011
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title I and my school was only title 1 my first year teaching so it doesn't STILL need to be title I
jonea169
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I just checked..i do not qualify but just wanted to say thanks again. I will be passing info on to other friends.
jbruno730
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I finished my 5th year in June too and applied! I have to make a correction on my application and send it back. It looks like it will go through! I qualify for the 17,500 too!!!! I can't wait!
