Iowa Student Loan Teacher Education Loan Forgiveness Program

Eligibility Requirements

To become eligible for loan forgiveness of up to $6,000* through the Iowa Student Loan Teacher Education Loan Forgiveness Program, an applicant must:

• Be enrolled during the award year covered by the application at an eligible Iowa college or university and be working toward an education degree or endorsement program that leads to licensure in an approved subject shortage area.
• Stay in Iowa to teach in a subject shortage area as designated by the Iowa Department of Education.

*Loan forgiveness recipients approved during the 2006 – 2007 and 2007 – 2008 academic years will continue to be eligible for loan forgiveness of up to $9,000, as previously awarded.

Note: Forgiveness amounts cannot exceed the outstanding principal balance (and accrued interest, if applicable) of qualifying loans.