Loan Deferment: Students applying for a deferment of previous loans need to prove to the holder(s) of their loan(s) that they are enrolled in school at least half-time. The Johns Hopkins University School of Education automatically submits this information to the National Clearinghouse, which all lenders subscribe to, once the Urban Teachers program begins.
Federal Direct Graduate PLUS Loan: The Graduate PLUS loan is available to students attending graduate school and professional school. This credit-based loan program is available to graduate students whose maximum federal loan eligibility is not sufficient to cover their educational costs. Grad PLUS loan eligibility is based upon the student's credit-worthiness, along with the eligibility criteria for all federal student loans. This option is available to assist in moving and transitioning costs heading to Summer Institute.
Stafford Loan Forgiveness Program for Teachers: Individuals who teach full time for five consecutive, complete academic years in certain elementary and secondary schools that serve low-income families and meet other qualifications may be eligible for forgiveness of up to a combined total of $17,500 in principal and interest on their FFEL and/or Direct Loan program loans.
Public Service Loan Forgiveness: The Public Service Loan Forgiveness Program is intended to encourage individuals to enter and continue to work full-time in public service jobs. Under this program, borrowers may qualify for forgiveness of the remaining balance of their Direct Loans after they have made 120 qualifying payments on those loans while employed full time by certain public service employers.
Teach for Texas Loan Repayment Program: The purpose of the Teach for Texas Loan Repayment Assistance Program is to recruit and retain certified classroom teachers in fields and communities that have a shortage of teachers in Texas.
Janet L. Hoffman Loan Repayment Program: Urban Teachers participants (in Baltimore only) are eligible to apply to the Janet L. Hoffman Loan Repayment Program in their third year to access loan repayment for graduate and undergraduate school debt.
For more information and to search state specific programs please visit U.S. Department of Education's Blog: 4 Loan Forgiveness Programs for Teachers.