Updated 05/05/05
Student Loans
I'm a teacher, do I qualify for ...
Federal Perkins Loan Teacher Cancellation?
OR
The Federal Stafford and Federal Supplemental Loans for Students (SLS) programs
OR
Reduction of the Teaching Obligations under the Paul Douglas Teacher Scholarship program?
If you have one of these loans, you may qualify for loan forgiveness, loan deferment or forbearance options.The Maine Department of Education and the Finance Authority of Maine are working together to pass this information on to you. It is now easier than ever to find out if you qualify for any of these options. Just log on to the Federal Student Aid Web site at: www.studentaid.ed.gov.
Specific information about cancellation/deferment options for teachers can be found on this page:
www.studentaid.ed.gov/PORTALSWebApp/students/english/teachercancel.jsp?tab=repaying
Maine values its resources highly and teachers are on the top of that list. Our future workforce, leaders and citizens depend on the education that you provide. We thank you for your dedication. These programs for loan forgiveness, loan deferment or forbearance reflect a commitment to help reduce your loan burden. We encourage you to take advantage of them.
For additional information:
The Finance Authority of Maine (FAME) http://www.famemaine.com/html/education/index.html
