What About Loan
Forgiveness
You’ve probably heard that some careers allow your student loan
debt to be forgiven, but it’s not as simple as it sounds! The Public
Service Loan Forgiveness (PSLF) program may qualify you for
loan forgiveness if work full-time for a qualifying employer
(government organizations, non-profit organizations, public
service, etc.).
But here’s the catch: You still must make 120 monthly
payments under a qualifying repayment plan before you will
qualify for forgiveness. For more information, visit
https://studentaid.ed.gov/sa/repay-loans/forgiveness-
cancellation/public-service.
Get Creative
Check out these opportunities for cutting
back on college costs!
• A mericorps Vista gives an education award or
stipend from $1,100-$5,645 upon completion. Some
colleges will even match it! www.nationalservice.org
• N ational Health Services Corps volunteers
are eligible for up to $60,000 for student loan
repayment. www.nhsc.hrsa.gov
• National Park Service awards up to $11,000 to
interns. www.nps.gov/about us/jobsforstudents
www.potentialmagazine.com
Summer 2017 |
41