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Teacher Loan Forgiveness Forbearance

You may qualify for a teacher loan forgiveness forbearance if you:

  • Are a full-time teacher at a qualified elementary or secondary school or for an eligible educational service agency.
  • Had no outstanding balance of William D. Ford Federal Direct Loan (Direct Loan) Program loan or a Federal Family Education Loan (FFEL) Program loan on Oct. 1, 1998, or had not outstanding balance on a Direct Loan or FFEL program loan on the date you obtained a loan after Oct. 1, 1998.
  • Have an anticipated outstanding balance on eligible loans equal to or less than the expected forgiveness amount at the end of five years of qualifying service.

Teacher loan forgiveness forbearance is granted for a maximum of 12 months at a time.

If you choose to place your loans in forbearance:

  • Interest will accrue and may be added to your loan; therefore, forbearing payments for an extended period of time may substantially increase your loan balance.
  • Iowa Student Loan strongly encourages you to make payments that at least cover your accrued interest to avoid increases in your loan balance.

How to Apply

To apply for a teacher loan forgiveness forbearance, call Iowa Student Loan or download a teacher loan forgiveness forbearance request form (PDF).

Iowa Student Loan helps students and families obtain the resources necessary to succeed in postsecondary education.
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