The student loan forgiveness programs were created to help student with their loans.

1. Student Loan
Forgiveness
Programs
PayMyStudentLoans.com

2. PayMyStudentLoans.com
What is a Student Loan
Forgiveness Program?
 Federally or State run program to
incentivize graduates to enter certain
fields
 Offer funding in return for working in
certain fields

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What Programs Exist?
 PublicService
 TEACH Teacher
 Healthcare
 Armed Forces
 Volunteer (Americorps, VISTA, Peace Corps)

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Public Service
 Public Service
 New in 2007
 Applies to federal loans
 Cant be in default
 Must be in public service
 http://www.nslds.ed.gov/nslds_SA/

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TEACH Forgiveness
 Forteachers teaching 5 years in lower
income schools
 On average debt is paid off after 5 years
http://studentaid.ed.gov/repay-
loans/forgiveness-cancellation/charts/teac

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Volunteer
 (Americorps, VISTA, Peace Corps)
 Americorps – offers up to $12k/year
 Commitment to volunteering post
graduation
http://www.americorps.gov/

7. PayMyStudentLoans.com
Healthcare
 National Health Services Corps Loan Repayment Program
provides forgiveness up to fifty thousand dollars after two
years of service in a health professional shortage work field
area
 General Practitioner (Allopathic and Osteopathic Physicians),
Psychiatric Nurse,Primary Care Nurse Practitioner or Certified
Midwife,Licensed Psychologist,Licensed Marriage and Family
Therapist or Professional Counselor,Dentist or Dental
Hygienist,Primary Care Physician Assistant, and or Licensed
Clinical Social Worker

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Armed Forces
 33% of your loan amount yearly
 $65,000 dollars maximum
 www.military.com

9. PayMyStudentLoans.com
Learn More
 Learn more about how to apply at…
paymystudentloans.com/student-loan-forgiveness-program/