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Are you aware that there are many programs available which will actually pay off all or part of your college loans? Student loan forgiveness isn't a myth. Many of these programs aren't widely advertised and most those who are eligible don't even understand that they qualify to have 1000s of dollars cancelled the balance of the educational loans.

Student Loan Forgiveness for Teachers
The Teacher Loan Forgiveness Program will repay as much as $17,500 toward college loans for qualified teachers. Full time teachers with an outstanding FFEL or Direct loan balance on or after October 1998 qualify for $5,000 worth of college loan repayment after 5 consecutive many years of service. Student loan forgiveness at the increased quantity of $17,500 is available to qualified borrowers who teach full-time in neuro-scientific mathematics or science in an eligible school or who provide special education to students with disabilities.

Student Loan Forgiveness for Non-Profit Child or Family Services Agency Employees
In an effort to attract and retain better trained early childcare professionals, the us government is promoting programs to forgive up to 100% from the college loan balance for individuals at eligible centers. To be eligible for a this student loan forgiveness program, borrowers must hold a diploma when they are young education and work full-time for 2 years in a qualified facility where at least 70% of the children receiving care come from families that earn less than 85% of the state median household income. To learn more, call the Child Care Provider Loan Forgiveness support desk at 1-888-562-7002.

Education loan Forgiveness for Law Enforcement Officials
Protect and serve the city and the government will do the same for your budget by repaying your college loans for you personally. Full time police force or correction officers qualify to obtain their loans paid off through the government for a price of 15%per year for the first 24 months and services information, 20% for the 3rd and 4th year, and 30% for their fifth year.

Student Loan Forgiveness for Nurses and Medical Technicians
Several generous education loan forgiveness programs are available for physicians and RN's who practice in areas that lack adequate health care. The National Heath Services Corps will repay up to $35,000 per year of service for qualified individuals. The Nursing Education Loan Repayment Program (NELRP) repays up to 60% of your college loan balance for individuals who serve at least 2 years in critical shortage facilities.

Student Loan Forgiveness for Military
The federal government shows their appreciation of those who serve and protect with a number of student loan forgiveness programs for that military. The Armed Forces Forgiveness Program pays off as much as $2,500 attending college loan debt to borrowers who served between September 11th 2001 and June 30, 2006. The nation's Guard offers its own student loan forgiveness program, paying off as much as $10,000 worth of college loan debt for each qualified person. To learn more call 1-800-GO-GUARD.

Student Loan Forgiveness for Volunteer Work
Serving in the Peace Corps, Americorps, or Volunteers operating to America (VISTA) all qualify you for school loan forgiveness programs in a variety of amounts. Peace Corps: Time spent volunteering for that Peace Corps pays in additional ways than good feelings. Volunteers receive 15% of the Stafford, Perkins, and Consolidation loans paid for each year of service up to 70% of the college amount borrowed. To explore this education loan forgiveness opportunity call 1-800-424-8580. Americorps, the domestic arm from the Peace Corps, awards volunteers $4,725 to apply toward their outstanding college loans after one year of service. To find out more call 1-800-942-2677. VISTA (Volunteers operating to America): Volunteer 1700 hours for just one of the many organizations across the nation centered on eradicating hunger, homelessness, poverty, and illiteracy and also have up to $4725 cancelled your college balance. To find out more call 1-800-942-2677.

Education loan Forgiveness for Head Start Staff
People who volunteer for their state's Head Start program not just help children from low income families prepare for kindergarten, they're also granted full or partial college loan forgiveness. The state rewards its Jump teachers and administrators by canceling 15% of their college loan balance for every year and services information as much as 100% from the balance.

Education loan Forgiveness for Providers of Intervention Services for the Disabled
The federal government will pay your Perkins loan in full if you provide full time services made to aid disabled infants or toddlers who've physical, cognitive, communicative, social, emotional, or adaptive needs. Qualified programs can operate from an in-home setting or outside facility providing the program conforms to the requirements of the people with Disabilities Education Act. To explore his student loan forgiveness program, contact your loan company.

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Find More Resources that Offer Student Loan Forgiveness Programs
Much more programs exist at the state or county government level or through industry-specific organizations. Inquire with the human resources department of your employer or groups that you simply volunteer for or are thinking about joining. Make sure to bookmark this page of resources or pass it along to some friend or colleague. You might just try to save yourself or someone you know several thousand dollars!

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