Instructors in Wisconsin can be entitled to loan forgiveness or loan cancelation when they work with an school that is eligible instructor shortage area and possess particular kinds of loans.
Financial Assistance for Active Teachers
- Teacher Loan Forgiveness is present for instructors who’ve Direct Unsubsidized Loans, Subsidized Federal Stafford Loans, and Unsubsidized Federal Stafford Loans.
- A teacher must have been: to meet the eligibility requirements for this program
- Employed as a full-time, highly qualified primary or secondary instructor for five complete and consecutive scholastic years, and
- Employed at a designated low-income school during this era.