Cancellation/Deferment Options for Teachers 

 

 

Teachers serving in a low-income school or subject-matter shortage area may be able to have their student loans cancelled or deferred. 


For further information about Cancellation/Deferment Options for Teachers and an online application, visit the U.S. Department of Education's Federal Student Aid Website at http://studentaid.ed.gov

The Federal Student Aid Information Center may be contacted toll free at:

1-800-4-FED-AID (1-800-433-3243)

1-800-730-8913 (TTY for the hearing-impaired)

 

South Carolina Teacher Loan Forgiveness

Borrowers who received a Teachers Loan, Career Changer Loan, or a PACE Loan may be eligible to have portions of your loan indebtedness forgiven by teaching in certain critical geographic and/or subject areas in the SC public school system. This forgiveness is available only to certified teachers and not to teacher's aides or teacher assistants and only to recipients of the SC Teachers Loan.

For further information about loan forgiveness and an online application, visit the South Carolina Student Loan website at https://www.scstudentloan.org/school-loans/sc-teacher-loan-programs-forgiveness