| Copyright RebuildCreditScores 2008. All Rights Reserved |
Student Loans: Get your Student
Loans Forgiven or Discharged
by rebuildcreditscores.com
January 2008
Loans Forgiven or Discharged
by rebuildcreditscores.com
January 2008
Teach School
Teach full-time in a low-income community for five years. This program
encourages teachers to enter and remain in the field of teaching. Other
programs offer a certain percentage off your loan for each year you
teach. For instance, one year will earn you 15% off your loan, the
second year will get you 20%, for the third and fourth 25% and 30% for
the fifth. Contact your school district's administration to see which
schools are eligible for federal student loan forgiveness.
Volunteer
Volunteer for AmeriCorps, Peace Corps or Volunteers in Service to
America (VISTA). This program recognizes those who volunteer to make
a difference in homelessness, developing countries, hunger and poverty.
Become an Attorney
Serve as a lawyer in a non-profit or public interest agency. This program
helps young lawyers to be more service-oriented.
Become a Doctor
Work as a physician or a registered nurse in a remote or low-income
area for a set number of years. Groups like the National Health Service
Corps offer medical school loan forgiveness programs to physicians who
agree to practice for a set number of years in areas that lack adequate
medical care (including remote and/or economically depressed regions).
Teach full-time in a low-income community for five years. This program
encourages teachers to enter and remain in the field of teaching. Other
programs offer a certain percentage off your loan for each year you
teach. For instance, one year will earn you 15% off your loan, the
second year will get you 20%, for the third and fourth 25% and 30% for
the fifth. Contact your school district's administration to see which
schools are eligible for federal student loan forgiveness.
Volunteer
Volunteer for AmeriCorps, Peace Corps or Volunteers in Service to
America (VISTA). This program recognizes those who volunteer to make
a difference in homelessness, developing countries, hunger and poverty.
Become an Attorney
Serve as a lawyer in a non-profit or public interest agency. This program
helps young lawyers to be more service-oriented.
Become a Doctor
Work as a physician or a registered nurse in a remote or low-income
area for a set number of years. Groups like the National Health Service
Corps offer medical school loan forgiveness programs to physicians who
agree to practice for a set number of years in areas that lack adequate
medical care (including remote and/or economically depressed regions).
Serve in the Military
Students who are in the Army National Guard may be eligible for their
Student Loan Repayment Program, which offers up to $10,000. (Note,
the military and veterans' associations provide many scholarships and
tuition assistance programs. This practice is comparable for federal
student loan forgiveness.
Work in Local Government
Maryland state and local government employees who earn less than
$40,000 gross annually may be eligible for a loan
assistance/repayment program to study law, nursing, physical and
occupational therapy, social work and education. Contact the Maryland
State Scholarship Administration.
Did you Experience One of the Following
You may qualify for total or partial loan discharge if....
Students who are in the Army National Guard may be eligible for their
Student Loan Repayment Program, which offers up to $10,000. (Note,
the military and veterans' associations provide many scholarships and
tuition assistance programs. This practice is comparable for federal
student loan forgiveness.
Work in Local Government
Maryland state and local government employees who earn less than
$40,000 gross annually may be eligible for a loan
assistance/repayment program to study law, nursing, physical and
occupational therapy, social work and education. Contact the Maryland
State Scholarship Administration.
Did you Experience One of the Following
You may qualify for total or partial loan discharge if....
- The school closed within 90 days of your enrollment and they
were unable to finish their program of study.
- The school did not properly qualify your status before they
began studies.
- You did not receive a refund that was due to you.
- Your signature was forged.
- The school did not properly evaluate your ability to benefit from
the course-work before beginning studies.
- You become totally and permanently disabled.
- If you or the dependent for whom the loan was borrowed, dies.
- Your loan is discharged due to bankruptcy. (Typically, student
loans cannot be discharged in a bankruptcy).
 |  |  |  |  |  |  |  |  |  |
Student loans not go away. Filing bankruptcy will not even get rid of
student loans. Besides paying off student loans there is another way
to get rid of student loan debt.
student loans. Besides paying off student loans there is another way
to get rid of student loan debt.
Student loans can be
forgiven or discharged.
The process will take
some dedication but the
time spent is worth the
pay off.
Life without student loan
debt means you'll have
more money in your
pockets. Below are
several ways to qualify
for student loan
forgiveness or get your
loans discharged
forgiven or discharged.
The process will take
some dedication but the
time spent is worth the
pay off.
Life without student loan
debt means you'll have
more money in your
pockets. Below are
several ways to qualify
for student loan
forgiveness or get your
loans discharged
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