Who It’s For: South Carolina teachers who received a Teachers Loan, Career Changer Loan, or a PACE Loan and who teach in critical subject and/or critical geographic areas.
How to Apply: The application is on the program website.
What Loans Qualify: South Carolina Teachers Loans, Career Changer Loans, or PACE Loans.
How Much?: The loan is forgiven at the rate of 20% or $3,000, whichever is greater, for each full year of teaching in a South Carolina public school in a critical subject or critical geographic area. If you teach in a public South Carolina school in both a critical subject and a critical geographic area, your loan will be forgiven at the rate of 33 1/3% or $5,000, whichever is greater, for each year of full-time teaching.
Anything Else I Should Know?: There are online lists of critical geographical areas and critical subjects.