Teacher loan forgiveness: What you need to know

What you NEED to know about the teacher loan forgiveness program, which allows some public school teachers to refinance their loans, is that it’s a huge boon for low-income families.

But how can you help?

It’s not just about paying back your loan.

Here’s what you need do to be eligible for the program.1.

Pay back your loans before you graduate and qualify.2.

Make sure you don’t exceed your monthly loan payment amount.3.

Be prepared to work longer hours, especially in a public school setting.4.

Keep your credit score as high as possible and keep it that way for as long as possible.5.

If you need additional help with your loan repayment, contact your loan servicer for assistance.

If you qualify for the loan forgiveness programs and you want to learn more about how to apply for one, check out our article.