Teacher Loan Forgiveness

Teacher Loan Forgiveness is sponsored by Kentucky Department of Education. Provides loan forgiveness for teachers who serve five consecutive years in low-income schools.

Kentucky Department of Education Nita M.

Lowey 21st Century Community Learning Center Program School and Community Nutrition School and Community Nutrition Child and Adult Care Food Program (CACFP) Summer Food Service Program (SFSP) Declaration of Participation Non-Public School Ombudsman School Improvement Grants Statewide Consolidated Monitoring Title I Committee of Practitioners Title I, Part A - Improving Academic Achievement of the Disadvantaged Title I, Part C - Education of Migratory Children Title I, Part D - Children and Youth Who Are Neglected, Delinquent or At-Risk Title II, Part A, Supporting Effective Instruction Title III English Learners Title V, Part B - Rural Education Achievement Program (REAP) Title IX, Part A - Education for Homeless Children and Youth ​​​​​​​​There are several opportunities for teachers to receive loan forgiveness.

Kentucky Department of Education’s role in teacher lo​​an repayment is to answer questions and provide information regarding the programs.

​ ​Teacher Loan Forgiveness Teacher Loan Forgiveness was designed as an incentive to enter and continue in the teaching profession and provides loan reimbursement once a teacher has completed five consecutive, full-time years of service at a qualifying low-income elementary school, secondary school, or educational service agency. Schools serving over 30% low-income families qualify as low-income.

For a list of low-income schools, please visit the Teacher Cancellation Low-Income School (TCLI) Directory . The directory is updated every January of the current school year. If you do not see your school listed, check back at the end of January before submitting an inquiry.

If the school is not included in the directory for the specified year, email the point of contact listed on this website to have the school added . ​ Steps to Apply for Teacher Loan Forgiveness Complete the Teacher ​Loan Forgiveness Application​ after completing the minimum of five years at a qualifying low income school. Send application directly to the lender ( do not submit an application to KDE, either via email or standard mail).

The TEACH Grant provides up to $4,000 per year to students if they agree to teach in a "high need field" for four complete academic years at qualifying low-income schools. A "high need field" includes academic disciplines/subject areas identified as teacher shortage areas (TSA) at the time the grant recipient begins teaching in that field.

The U.S. Department of Education (USED) releases a Teacher Shortage Areas Nationwide Listing annually. TSA data can also be searched on the Teacher Shortage Area Data website . A list of current critical teacher shortage areas is available on the Kentucky Educator Placement Service FAQ webpage .

Unlike loan forgiveness, the TEACH Grant is handled by participating colleges and universities. Questions about the TEACH Grant should be directed to the college or university's financial aid office.

​ Public Service Loan Forgiveness The Public Service Loan Forgiveness (PSLF) Program allows you to receive forgiveness of the remaining balance of your Direct Loans after you have made 120 qualifying monthly payments while working full time for a qualifying employer. N ote: Borrowers can’t receive credit toward Teacher Loan Forgiveness and Public Service Loan Forgiveness (PSLF) for the same period.

That means, if you seek and receive Teacher Loan Forgiveness, the five-year period of service that supported your eligibility will NOT count toward PSLF. It is recommended that you consider whether you’re interested in PSLF before deciding to pursue Teacher Loan Forgiveness, because changes cannot be made once you receive forgiveness. ​ Federal Student Aid website ​ KRS 157.

320 Definitions Manage Your Loans website (U.S. Department of Education)​ ​ Become a Public Service Loan Forgiveness (PSLF) Help Tool Ninja​ How to Manage your PSLF Progress​ on Studentaid. gov​ Temporary Expanded Public Service Loan Forgiveness (TEPSLF)​ Office of Continuous Improvement and Support Division of School and Program Improvement 300 Sower Blvd. , 5th Floor erica.

tipton@education. ky. gov