Illinois Teachers Loan Repayment Program
This program provides loan forgiveness of up to $5,000 on Federal Stafford Loans to encourage academically talented Illinois students to teach in Illinois schools in low-income areas. To be eligible, candidates must apply and receive loan forgiveness from the federal government's Teacher Loan Forgiveness program for Stafford Loans, including teaching for five years in a high needs subject and/or geographic area.
Purpose of Funds
Master's & Certification, Bachelor's & Certification
Number of Years
Must teach at a high-needs school as defined by the Department of Education