STUDENT LOAN INFORMATION
- If you have Perkins loans and teach either in a teacher shortage area or in a school that serves low-income families, you may be eligible to have those loans forgiven. Contact your lender and request the paperwork necessary to begin that process.
- If your original Stafford loan was initiated after October 7, 1998, and you teach in a school that serves low-income families, after five years you may be eligible for forgiveness not to exceed $5,000.
- If you have Stafford loans that were initiated before October 7, 1998, there is no forgiveness, but you can get the interest rate lowered because you teach in Missouri, IF your loans are serviced by MOHELA. Having your payment automatically withdrawn from your account also will lower your interest rate.
- The Perkins and Stafford loan forgiveness programs are federal programs. Contact the federal financial aid hotline at 800-433-3243 for more information or visit this Web site: http://studentaid.ed.gov/PORTALSWebApp/students/english/index.jsp
- The interest reduction is a MOHELA program; call 800-666-4352 to request an application.
MISSOURI TEACHER SHORTAGE AREAS
REQUESTED BY THE DEPARTMENT OF ELEMENTARY AND SECONDARY EDUCATION
APPROVED BY U.S. DEPT. OF EDUCATION
FOR 2006-2007
| Counselor (Elementary) | School Psychological Examiner | |
| ESOL | School Psychologist | |
| Family and Consumer Science | Science | |
| Foreign Languages (French, German, Spanish) | Biology | |
| Gifted | Chemistry | |
| Industrial Technology | Earth Science | |
| Journalism | Physics | |
| Mathematics | Special Education (All Areas) | |
| Music (Vocal) | Special Reading | |
| ROTC | Speech/Language Specialist | |