We all know that student loans can be forgiven through two ways, either you work in public service or through certain repayments plans. If you can’t qualify euther of these…Don’t worry! There are some specialized loan forgiveness plan!
If you work or volunteer for some organizations, there’s chance that you can qualify for additionla programs.
- AmeriCorps VISTA, AmeriCorps NCCC, or AmeriCorps State and National programs.
If you volunteer and complete certain terms of national service in these programs, you can win the Segal AmeriCorps Education Award and receive up to $6,195 to repay your studnet loan.
- Army National Guard
This program provides up to $50,000 to repay your loans.
- Teacher Loan Forgiveness Program
If you commit a service on education area, you will be eligible for this program. Qualified teachers can receive up to either $5,000 or $17,500 after 5 consecutive years of service.
- Medical and nursing school graduates.
If you work in underserved areas, you may qualify for this program. Details cna be found on local government websites.