Full-time Teaching

FFEL/Direct Loans deferment and cancellation provisions. If you have a loan or multiple loans from the Federal Direct Loan Program or the Federal Family Education Loan program (FFEL), you may be eligible for deferment if you're teaching full-time in a teacher shortage area. [These loans include Federal Stafford Loans, Federal PLUS Loans, Federal Consolidation Loans, and loans offered in earlier years through the Guaranteed Student Loan Program.] NEW: If you took out your first Stafford Loan after October 1, 1998, you may be eligible for cancellation for teacher service.

For additional information, please visit the Cancellation/Deferment Options for Teachers Home Page.