Loan forgiveness program for counselors

    • What are the eligibility requirements for loan forgiveness programs?

      There are many nuances to the qualification requirements, but to start, you must have taught low-income students full-time for five consecutive years. The amount that qualifies for forgiveness will vary depending on the subject area you taught. Most subjects will qualify for up to $5,000 in loan forgiveness.

    • How long does it take to receive loan forgiveness?

      Public Service Loan Forgiveness (PSLF) If you work full-time for a government or not-for-profit organization, you may qualify for forgiveness of the entire remaining balance of your Direct Loans after you’ve made 120 qualifying payments—that is, 10 years of payments.

    • How do I apply for loan forgiveness?

      How do I apply for loan forgiveness? Go to studentaid.gov and in the section on student loan debt relief, click “Apply Now.” Be ready to type in some basic personal information. The form asks for: name, Social Security Number, date of birth, phone number and email address. It does not require documentation about your income or your student loans.

    • How much loan forgiveness is available?

      Public Service Loan Forgiveness (PSLF) If you work full-time for a government or not-for-profit organization, you may qualify for forgiveness of the entire remaining balance of your Direct Loans after you’ve made 120 qualifying payments—that is, 10 years of payments.

    • [PDF File]Apply for Federal Student Loan Debt Relief

      https://info.5y1.org/loan-forgiveness-program-for-counselors_1_b404aa.html

      It’s a program that provides eligible borrowers with full or partial discharge of loans up to $20,000 to Federal Pell Grant recipients and up to $10,000 to non-Pell Grant recipients. Who Qualifies? Individuals who made less than $125,000 in 2021 or 2020. Families that made less than $250,000 in 2021 or 2020.

    • [PDF File]Student Loan Programs for Counselors Updated December 2010

      https://info.5y1.org/loan-forgiveness-program-for-counselors_1_61d8df.html

      Loan Forgiveness for Service in Areas of National Need Program (P.L.110-315, Title IV, Part B, Section 430), which covers 17 areas of “national need,” including school counselors working full time in low-income schools (see link below). To qualify for the loan forgiveness program, you must be:

    • [PDF File]Loan Forgiveness/Cancellation For School Counselors April 2005

      https://info.5y1.org/loan-forgiveness-program-for-counselors_1_29a7c2.html

      Under the Federal Perkins Loan program, a portion of your loan can be cancelled for full-time service as a teacher, including school counselors (see definition of teacher below) in a designated elementary or secondary school (i.e., Title I) serving students from low-income families, special education teacher (includes teaching children with disa...

    • [PDF File]Behavioral Healthcare Provider Loan Redemption Program - HESAA

      https://info.5y1.org/loan-forgiveness-program-for-counselors_1_8ad6cb.html

      counselors. The program will provide up to $50,000 to redeem an eligible participant’s cumulative outstanding student loan balance in exchange for every two full-time years of service at an approved site, for a total of $150,000 in loan redemption in exchange for up to six years of service. Behavioral Healthcare Provider Loan Redemption Program

    • August 4, 2022 Federal Student Loan Repayment Programs for ...

      loan repayment benefits. NHSC LRP is available to the following types of behavioral health providers: psychiatrists, health service psychologists, licensed clinical social workers, psychiatric nurse specialists, marriage and family therapists, licensed professional counselors, and nurse practitioners and physician assistants who focus on

    • [PDF File]STUDENT LOAN FORGIVENESS PROGRAMS

      https://info.5y1.org/loan-forgiveness-program-for-counselors_1_2e76db.html

      loans/forgiveness -cancellation B. You must request the appropriate forms from the office that administers the Federal Perkins Loan Program at school that holds yourloan. You must also provide any documentation the school requests to that you qualify for cancellationof your Perkins Loan. D. It is the school’s responsibility to

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