Teacher Loan Forgiveness

Under the Teacher Loan Forgiveness (TLF) Program, if you teach full-time for five complete and consecutive academic years in a low-income school or educational service agency, and meet other qualifications, you may be eligible for forgiveness of up to $17,500 on your Direct Loan or Federal Stafford Loans. See StudentAid.gov/teach-forgive  this link will open in a new window for more information.

  • You must have been employed full-time as a teacher for five complete and consecutive academic years. At least one of those years must have been after the 1997-98 academic year.

  • You must have been employed in a an elementary or secondary school that meet all of the following:

  • Your teaching service may qualify if the consecutive five-year period includes qualifying service performed after the 2007-08 academic year at an eligible educational service agency.

The Teacher Loan Forgiveness application calls for consecutive, complete academic years of service for forgiveness. However, applicants who were unable to teach during a period of officially-declared natural disasters Hurricane Maria and/or Hurricane Irma, are allowed up to a one-year gap in service. The one-year gap in service is September 2017 thru September 2018.

This waiver applies for Teacher Loan Forgiveness applicants residing or working in the Commonwealth of Puerto Rico (PR) or the Virgin Islands of the United States (VI) affected by the officially-declared natural disaster Hurricane Maria and Teacher Loan Forgiveness applicants residing/working in the VI affected by the officially-declared natural disaster Hurricane Irma. This relief/wavier is available as part of the enactment of the Bipartisan Budget Act of 2018, Public Law No: 115-123.

You must not have had an outstanding balance on Direct Loans or Federal Family Education Loan (FFEL) Program loans as of Oct. 1, 1998, or on the date that you obtained a Direct Loan or FFEL Program loan after Oct. 1, 1998.

You are not eligible for forgiveness of any defaulted federal student loan unless you have made satisfactory repayment arrangements with the holder of the defaulted loans.

The loan(s) for which you are seeking forgiveness must have been made before the end of your five academic years of qualifying teaching service.

Note: Additional eligibility requirements may apply

After you complete the five-year teaching requirement, you can submit a Teacher Loan Forgiveness application. Log in to your account to download the form.

Beginning January 1, 2021, loans forgiven under the Teacher Loan Forgiveness Program are not considered income by the Internal Revenue Service. Therefore, you will not have to pay federal income tax on the amount of your loan(s) that is forgiven.

The discharged loan amount may be considered income for state tax purposes. Please consult with your state tax office or a tax professional if you have questions before you file your state tax return.