Program Name:
Teach for Texas Loan Repayment Assistance Program
Student Loan Forgiveness Amounts:
The Teach for Texas Loan Repayment Assistance Program forgives up to $5,000 in qualifying student loans per year. The maximum amount of student loans that can be forgiven is $20,000 over no more than five years.
To be considered an eligible loan, it must:
- Not currently be in default.
- Not be covered under another repayment program.
- Be subject to a promissory note that required the loan to be used only for higher education purposes.
Eligible Schools:
If a teacher does not meet one of the subject requirements below, then the school they teach at must be experiencing a general shortage of teachers. Eligible schools are determined by the Texas Education Agency.
Eligible Subject Areas:
If a teacher is not teaching at a school identified by the TEA as experiencing a shortage, then the teacher must be credentialed and teaching in a subject experiencing a shortage of teachers, as identified by the TEA.
Visit the Texas Higher Education Board's website for a current list of shortage subjects.
Application Deadlines and Rules:
- Applications must be submitted between April 1st and June 15th for each academic year.
- Teachers must be full-time and teaching at either a preschool or a K-12 school.
Program Website and Contact Info:
Website: www.HHloans.com
Phone: 800-242-3062