Cancellation and Forgiveness Programs
Under certain circumstances, borrowers can have their educational loans
forgiven. The Perkins
loan program offers the most forgiveness plans,
but Stafford loans
can also sometimes be forgiven. If you plan to
become a public school teacher, a public health worker, a Peace Corps
volunteer, or a child care provider, you may want to look into these
programs. Loans can also sometimes be forgiven in the event that the
borrower becomes disabled. Please visit Mapping
Your Future or call Texas Guaranteed Student Loan Corporation (TG) at
1-800-845-6267 for more information.
The B-On-Time (BOT) loan program offers loan forgiveness under certain conditions.
See the BOT Program Fact Sheet
for more information.

