Federal Student Aid
Summary: This document is the official application form for the Teacher Loan Forgiveness Program, allowing eligible teachers to apply for up to $17,500 in loan forgiveness.
The Teacher Loan Forgiveness Application (OMB No. 1845-0059) is designed for borrowers under the William D. Ford Federal Direct Loan and Federal Family Education Loan (FFEL) programs. To qualify, applicants must have been employed as a full-time teacher for five consecutive, complete academic years at an eligible elementary school, secondary school, or educational service agency. The form includes sections for borrower identification, loan forgiveness requests, previous forgiveness history, borrower certifications, and a mandatory certification by the Chief Administrative Officer (CAO) of the school or agency. It also provides detailed definitions of eligibility, including requirements for 'highly qualified' status and qualifying loan types.
Document outline
1. Section 1: Borrower Identification 2. Section 2: Loan Forgiveness Request 3. Section 3: Previous Loan Forgiveness Information 4. Section 4: Understandings, Certifications, and Authorization 5. Section 5: Chief Administrative Officer's (CAO's) Certification 6. Section 6: Instructions for Completing the Application 7. Section 7: Where to Send the Completed Loan Forgiveness Application 8. Section 8: Help With Completing the Application 9. Section 9: Definitions 10. Section 10: Definition of Highly Qualified 11. Section 11: Terms and Conditions