Loan Forgiveness Programs
Graduates of CSU, Chico may be eligible for loan forgiveness programs, under which a part of your student debt may be forgiven for participation in designated professions.
The Assumption Program of Loans for Education (APLE)
The Assumption Program of Loans for Education (APLE) is a state-funded, competitive teacher incentive program administered by the California Student Aid Commission (CSAC). You may also find detailed information on APLE at a Web site maintained by The California State University system.
State Nursing Assumption Program
The new State Nursing Assumption Program of Loans for Education (SNAPLE) may assist nursing students who become nursing instructors at a California college. Detailed information is available through the California Student Aid Commission (CSAC).
Federal Loan Forgiveness for Teachers
Partial federal loan forgiveness is available for designated teachers. Information on Cancellation/Deferment Options for Teachers may be obtained through Student Aid on the Web, a site maintained by the U.S. Department of Education. Also see Stafford Loan Forgiveness Program for Teachers.
Federal Loan Forgiveness for Public Service Employees
Under this program, borrowers may qualify for forgiveness of the remaining balance due on their eligible federal student loans after they have made 120 payments on those loans under certain repayment plans while employed full time by certain public service employers. Information on Loan Forgiveness for Public Service Employees may be obtained through Student Aid on the Web, a site maintained by the U.S. Department of Education.
Perkins Loan Forgiveness
Perkins loan recipients may take advantage of a number of provisions for loan forgiveness for employment in certain fields, including law enforcement, teaching in low-income schools, nursing, VISTA or Peace Corps volunteer service, or U.S. Armed Forces service in hostile areas. Complete details are provided on the Perkins Master Promissory Note and through CSU, Chico Student Financial Services.