Financial Aid >> Cutting Costs and College Savings >> the new FAFSA rules, etc.
the new FAFSA rules, etc.
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Posted 4 months ago Does anyone know about the new FAFSA rules for paying back loans if you major in public service jobs such as teaching? |
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| Posted 4 months ago While looking around a couple of years ago, I found valid government programs online to get loans repaid for teaching, nursing. With nursing, you had to go to certain areas where help was needed to get repayment for a period of time. Seemed like a contract deal. Not sure how the teacher program worked as I was not interested. You may do better looking the info up yourself - word of mouth online is frequently incorrect. You could try typing in these words to an internet search: teacher loan program .gov goodluck! |
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| Posted 4 months ago I know that instead of the usual 25 year repayment period, you only have 10 years. So, you only have to make 120 payments. If you stay full-time at your job and you make your payments on time, then the rest of your principal and interest just gets wiped away. It's like it never existed! |
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| Posted 4 months ago My mom told me that they used to forgive loans if you taught in specific needed field or in places that they couldn't get teachers. |
