Perkins Loan Cancellation for Teachers
$60,000
Description
You can get up to 100% of your federal Perkins loans forgiven for teaching in a low-income school or high-need subject.
You can also qualify if you teach math, science, special education, bilingual education, foreign languages or another shortage area subject. Your state may have different subject areas that qualify, so be sure to look into the specifics where you teach.
For each year you teach, a percentage of your Perkins loan may be canceled, reaching 100% cancellation after five years.
Website
Eligibility
Purpose of Funds
Bachelor's & Certification, Master's & Certification
Eligible Programs
n/a
Education Stage
Certified Teacher
Require Major
Any
Teaching Commitment
Number of Years
1
School Type
Low-income