Private school educators may be eligible for student loan forgiveness programs, such as Teacher Loan Forgiveness (TLF) and Public Service Loan Forgiveness (PSLF). The Teacher Loan Forgiveness Program offers up to $17,500 forgiveness for educators who teach full-time for five years in a low-income school. The Public Service Loan Forgiveness Program forgives the remaining balance on a Direct Loan after 120 qualifying monthly payments while working full-time for a qualifying employer.
For more information, explore Student Loan Forgiveness on the U.S. Department of Education’s website.
