Forgivable Loan

South Carolina Teacher Loan Forgiveness

South Carolina Student Loan Corporation

Varies
Avg. Amount Awarded
N/A
Renewable
Apply Now
What you'll need:
  • Checkmark Application Form
  • Checkmark Application Form May Be Submitted By Mail
Apply Now
Save
South Carolina Teacher Loan Forgiveness
Apply Now
Save
Apply Now
Save

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 not be attending high school currently
  • CheckmarkRestricted to residents of South Carolina
  • CheckmarkRestricted to students studying in South Carolina

How to Apply

What you'll need:

  • Checkmark Application Form
  • Checkmark Application Form May Be Submitted By Mail
Contact LOrigination@scstudentloan.org
Tel: 803-798-0916
Fax: 803-612-5043 Address PO Box 102405
Columbia, SC 29224