If you are a teacher and have served full-time in a public or non-profit elementary or secondary school system as a teacher in a school serving students from low-income families; or special-education teacher, including teachers of infants, toddlers, children, or youth with disabilities; or teacher in the fields of mathematics, science, foreign languages, or bilingual education, or in any other field of expertise determined by a state education agency to have a shortage of qualified teachers in that state, you may qualify for cancellation (discharge) of up to 100 percent of a Federal Perkins Loan. It’s not necessary for you to be certified or licensed to receive cancellation benefits. However, your employing school must consider you to be a full-time professional for the purposes of salary, tenure, retirement benefits, etc. To learn more about this wonderful opportunity, contact The Office of Federal Student Aid, Federal Perkins Loan Teacher Cancellation Program, Union Center Plaza, 8 31st Street, Washington, D.C. 20202; 800-433-3243; http://studentaid.ed.gov/PORTALSWebApp/students/english/cancelperk.jsp’tab=repaying
Income Eligibility: None
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