Keiser University is a private, non-profit university that was founded in 1977 in Florida. The university has a number of campuses throughout the state, as well as online programs, and offers a variety of undergraduate and graduate degree programs in fields such as business, education, nursing, and more.
One of the benefits of attending Keiser University is its loan forgiveness program, which is designed to help students who are struggling to repay their student loans. The program is available to students who have taken out federal student loans to attend Keiser University, and it can be a valuable resource for those who are facing financial difficulties.
There are several different types of loan forgiveness programs available to Keiser University students. One of the most common is the Public Service Loan Forgiveness (PSLF) program, which is available to students who work in certain public service jobs. Under this program, students who make 120 qualifying monthly payments while working in a qualifying public service job may be eligible to have the remainder of their Direct Loans forgiven.
To qualify for the PSLF program, students must be employed full-time in a qualifying public service job, such as working for a government agency, a nonprofit organization, or a public service organization. They must also be making payments on their Direct Loans under a qualifying repayment plan.
Another loan forgiveness program available to Keiser University students is the Teacher Loan Forgiveness program. This program is designed to encourage individuals to become teachers, particularly in high-need fields or in low-income schools. To qualify for this program, students must be fully licensed and teach full-time in a low-income school for five consecutive years. After completing these requirements, they may be eligible to have up to $17,500 of their Direct Subsidized and Unsubsidized Loans, as well as their Stafford Subsidized and Unsubsidized Loans, forgiven.
In addition to these programs, Keiser University students may also be eligible for loan forgiveness through other federal programs, such as the Perkins Loan Cancellation program, which is available to students who work in certain fields, including teaching, nursing, and law enforcement. Under this program, students may be able to have a portion of their Perkins Loans forgiven after five years of qualifying employment.
It’s important to note that loan forgiveness programs can be complex and have specific eligibility requirements. Students who are interested in applying for loan forgiveness should carefully review the terms and conditions of the program and consult with a financial aid advisor at Keiser University to determine their eligibility.
Overall, the loan forgiveness programs available to Keiser University students can be a valuable resource for those who are struggling to repay their student loans. By taking advantage of these programs, students may be able to significantly reduce their debt burden and get on the path to financial stability.
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