Varies
Avg. Amount Awarded
Continuous
Application Deadline
No
Renewable
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What you'll need:
  • Checkmark Application Form
  • Checkmark Application Form May Be Submitted By Mail
  • Checkmark Financial Need Analysis
  • Checkmark Test Scores
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South Carolina Teacher Loan Forgiveness

Description

The loan is forgiven at the rate of 20% or $3,000, whichever is greater, for each full year of teaching in a South Carolina public school in a critical subject or critical geographic area. If you teach in a public South Carolina school in both a critical subject and a critical geographic area, your loan will be forgiven at the rate of 33 1/3% or $5,000, whichever is greater, for each year of full-time teaching. If you have not been teaching for the full academic year, you must have taught a minimum of 76 days to be considered for forgiveness.

Amount Details

$3,000
Low Amount Awarded
$5,000
High Amount Awarded

Eligibility Requirements

  • CheckmarkMust be an undergraduate student or a graduate student
  • CheckmarkMust attend a university
  • CheckmarkCitizenship requirements: US
  • CheckmarkMust not be attending high school currently
  • CheckmarkBoth full-time and part-time students
  • CheckmarkRestricted to residents of South Carolina
  • CheckmarkRestricted to students studying in South Carolina
  • CheckmarkRestricted to students studying Education, Special Education

How to Apply

What you'll need:

  • Checkmark Application Form
  • Checkmark Application Form May Be Submitted By Mail
  • Checkmark Financial Need Analysis
  • Checkmark Test Scores
Contact LOrigination@scstudentloan.org
Tel: 803-798-0916
Fax: 803-772-9410 Address PO Box 102405
Columbia, SC 29224