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Types of Loan Forgiveness

Teacher Loan Forgiveness

 

The Teacher Loan Forgiveness program is arguably the most beneficial of all the forgiveness options.

 

Teaching is one of the most important professions, but it’s at risk of losing top talent due to low pay and long hours. However, student loan forgiveness for teachers could help reverse that trend.

Public Service Loan Forgiveness

 

Did you know if you work in the public sector, your loans can be forgiven after 120 qualifying monthly payments?

 

If you work for a city, state, federal organization or a non-profit you may qualify for the Public Service Loan Forgiveness program. The position at your place of employment is not considered for PSLF, but you must be consolidated and in a income driven repayment plan. The balance on your federal student loans after 120 qualifying payments is forgiven.

Permanent Disability Discharge

 

Did you know if you are Permanently Disabled, you may qualify for Total & Permanent Disability Discharge on your Federal Student Loans?

 

If you have been permanently disabled, or your disability can be expected to last at least 60 months or in death, you may qualify for permanent disability discharge. Seeking Permanent Disability Discharge on your federal loans will require a visit to your doctor and make you subject to a three year post discharge monitoring period.

  • Mailing Address:
       2820 Selwyn Ave. #350
       Charlotte, NC 28209
    Location:   
       2820 Selwyn Ave. #350
       Charlotte, NC 28209
  • 855-776-8338 / 980-202-5910
  • 704-457-5074
  • mail@educationloancenter.org

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