9 days can make a HUGE difference

In my case it is 9 days that royally bit me in the patooty.

Let me explain.

There is a Federal Teacher Loan Forgiveness program out there, where if you teach at an inner city school for five years or more, the government will pay off $5,000 of your federal student loans.  They will pay up to $17,500 for special education teachers or math and sciece teachers at the secondary level.

I applied for this loan forgiveness about a month ago and was so sure that they would forgive at least $10,000 of my loans since I had taught special ed for two years plus all the years I taught special ed summer school.

Well apparently one of the other criteria is that you could not have had a balance on loans prior to October 1st, 1998.

Guess what date I borrowed my first student loan?

September 22, 1998.

They denied me because I received my loan NINE EFFIN DAYS before their stupid %*&^&(%&(^% cut off date.

That majorly blows! I was hoping to have that money forgiven because I am taking another $934739483984 in loans this year to go to my prestigous university.

Talk about being ticked!!!!!!!!!!!!!!!!!!!!!!

Why do they have to have a cutoff day at all?????  Any teacher who teaches in the inner city should have the whole kit and kaboodle paid for, IMO.

So that's that.

Comments

[Adrienne]

Wow, that SUCKS! Sorry girlie!

[Nicole]

Oh girl, don't even get me started on loans. *cough*cough*50k*cough*cough. and I'm not even teaching full time. BLEH! Not to mention, I've been out of school for 2 years already, and haven't even begun taking classes to keep my certification up. Where the hell will I get money to pay for more classes? I can't even afford the $400/month loan payment as it is!!

[Kelli Johnson]

oh I'm so sorry Kristi...that totally is frustrating.

I wanted to tell you. You asked what a Hokie is...and the proper response is, "I am"...but the real official answer, Hokie is some what of a "nonsense" word that came from an old cheer and it stuck. The stadium says, "Home of the Fighting Gobblers"...so that's the official mascot, but it's been Hokies far longer then I've been alive.

[sarah]

that stinks...big time. :(
I'm sorry!!!

[Leslie]

Don't get me started on student loans either. They just make me so angry. I owe so much money it's not even funny. I will be paying on them until the day I die. I am sorry to hear about your issues.

[Greta]

oh girl...that just BLOWS!!!! i don't get the cutoff date either...that is stupid