How to Apply
- Sign in to Account Access and go to Manage Repayment/Loan Forgiveness to complete the Teacher Loan Forgiveness form.
- Mail or fax your completed application and any required documentation to: American Education Services. Attn: Teacher Loan Forgiveness. Fax: 717-720-3916.
Considering this, do teacher assistants qualify for loan forgiveness?
To qualify for up to $5,000 in loan forgiveness
If you performed your teaching service at an eligible secondary school, you taught in a subject area that is relevant to your academic major.
Plus, you may be eligible to receive Navient student loan forgiveness once you reach the end of your repayment schedule. Depending on the plan that you choose, you’ll be eligible for forgiveness in 20 to 25 years.
Hereof, how do I fill out teacher loan forgiveness?
To apply for Teacher Loan Forgiveness, you’ll need to submit the Teacher Loan Forgiveness Application to your loan servicer. Your school or educational agency will need to vouch for your certification. If you have multiple loans with different servicers, you’ll need to complete an application for each one.
How do I know if I have a Perkins loan?
You can also call the Federal Student Aid Information Center, 1-800-4-FED-AID, TDD 1-800-730-8913. The Center’s counselors can help you figure out what types of loans you have. Federal loan promissory notes and applications will state the name of the federal loan program (Stafford, PLUS, Perkins, FFEL, William D.
How long does it take to process a teacher loan forgiveness application?
How long does it take to process the application? A. The loan holder is allowed 60 days from the day it receives your completed application to process it and forward it to the guarantor. The guarantor then has an additional 45 days to either approve or deny the request.
Who is the CAO for loan forgiveness?
The CAO is the official who has access to employment records that establish your eligibility for loan forgiveness in accordance with the requirements explained on the form, and who is authorized to verify your qualifying employment at a school or by an educational service agency.