The Federal Teacher Loan Forgiveness Program is regarded as three loan forgiveness programs accessible to Texas instructors. If you’re maybe perhaps not qualified to receive the program that is federal please review the Teach for Texas Loan Repayment Assistance as well as the Public provider Loan Forgiveness Program.
You can speak to your loan servicer for more information. That loan servicer is a business that handles the billing along with other solutions in your federal pupil loan.
To be eligible for addition when you look at the TCLI Directory, a campus needs to be situated in a region this is certainly qualified to get Title I funds plus the campus enrollment of economically disadvantaged pupils must certanly be more than 30%. Record is updated yearly, so campus eligibility can transform from to 12 months year.
Before looking, be sure you are going into the title associated with campus since it seems within the TEA ASK Ted region and college locator.
Whenever looking the TCLI directory use simply the very first area of the title, for instance, if the institution is termed Highland Park Elementary you would search the directory under “Highland”.
Whenever looking by location leave the true title of this school blank and go into the name associated with the county.
Follow these actions to accomplish the Federal Teacher Loan Forgiveness procedure:
Mail the application into the entity repaying your loan, or guarantor. Print photocopies on your own. Keep carefully the date and target of when and where you mailed the job.
To get your guarantor, do one of several after:
Your guarantor makes a determination of the eligibility within 45 times of receipt for the application.
In the event that you be eligible for loan forgiveness, you get notification of the approval as well as your loan owner gets repayment (for the forgiveness amount you be eligible for).
If you fail to be eligible for a loan forgiveness, your guarantor notifies you of this denial with a reason of why you would not qualify.