Paying for College
Paying for a Teaching Degree
Most students will need financial aid to pay for their college degree. The programs listed here help teachers pay back school loans. Make time with your school counselor or college adviser to make sure you are aware of all the financial help available to you. The following options will help those students who decide to borrow money from federal loan programs to assist with college expenses. Follow the links to find the most recent information and requirements for these programs.
|
Program |
Agency |
Overview |
Cap on Forgiveness |
Link |
|
Teacher Loan Forgiveness Program |
Federal Government |
Five academic years, low-income school |
$17,500 |
https://studentaid.gov/manage-loans/forgiveness-cancellation/teacher |
|
Public Service Loan Forgiveness |
Federal Government |
After 120 qualifying monthly payments |
Unknown |
https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service |
|
Teach for Texas Loan Repayment Assistance Program |
Texas Higher Education Coordinating Board |
At least one year of full-time teaching in a designated critical shortage field |
Up to $2,500 per year |
http://www.hhloans.com/index.cfm?objectid=A85B6795-9731-B000-C93CA1848B604DB8 |