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FFELP and Direct Loan Teacher Loan Forgiveness Program (Visit this link)

To qualify for up to $5,000 loan forgiveness under this program you must not have had an outstanding balance on a FFEL or Direct Loan program loan as of October 1, 1998. To qualify for the increased amount of loan forgiveness up to $17,500 available for certain mathematics, science, and special education teachers, you must not have had an outstanding balance on a FFEL or Direct Loan program loan as of October 1, 1998, or on the date that you obtained a FFEL or Direct Loan program loan after October 1, 1998 and before October 1, 2005.

Approximate value: $ 17500000

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Added: Mon Mar 20 2006

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