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Illinois Teachers Loan Repayment Program

Who It’s For: Illinois residents who received federal Teacher Loan Forgiveness but still have a remaining balance on their eligible federal loans.

How to Apply: You can access the application online. You also need to send in documentation proving that you received federal Teacher Loan Forgiveness already.

What Loans Qualify: This is only available for Stafford loans.

How Much?: Up to $5,000.

Anything Else I Should Know?:  As noted in the Federal options listed above, Teacher Loan Forgiveness requires you to work as a full-time teacher for five consecutive years at a public school that serves a low-income area.