Iowa Student Loan Teacher Education Loan Forgiveness Program
|Loan Forgiveness Program
|Iowa Student Loan Teacher Education Loan Forgiveness Program||No – See grant option below|
|Federal Stafford Loan Forgiveness Program for Teachers||Yes – Learn more|
Iowa Student Loan now offers a Teacher Career Establishment Grant for new classroom teachers in Iowa subject shortage areas.
If you have already received approval for a loan forgiveness application, use the links at left to learn more about the program.
Approved applicants may have options or additional obligations.
- Shortage area changes — Approved shortage areas will remain valid for approved applicants even if those areas are removed from the shortage areas designated annually by the Iowa Department of Education. If you have questions, please call (800) 243-7552, ext. 7656, or (515) 273-7656.
- Qualifying service — Loan forgiveness benefits cannot be offered for teaching service prior to the award year in which an applicant was approved.
- Taxes — Approved applicants who receive loan forgiveness benefits from Iowa Student Loan will be issued an IRS Form 1099-C or Form 1099-MISC. Applicants should consult a tax professional to understand any tax implications associated with the loan forgiveness amounts that are received.
If you need assistance or have additional questions, send an email to firstname.lastname@example.org or call (800) 243-7552, ext. 7656 or (515) 273-7656.