Teacher Loan Forgiveness Program
The Federal Teacher Loan Forgiveness Program is one of three loan forgiveness programs available to teachers. Under the program, a teacher who has taught full-time for five complete and consecutive academic years in certain elementary and secondary schools and educational service agencies that serve low-income families, and meets other qualifications, may be eligible for forgiveness on certain Direct Subsidized and Unsubsidized Loans, as well as Subsidized and Unsubsidized Federal Stafford Loans.
Virginia Teaching Scholarship Loan Program (VTSLP)
The primary purpose of the Virginia Teaching Scholarship Loan Program (VTSLP) is to provide financial support to students who are preparing to teach in one of Virginia's critical shortage teaching areas. The critical shortage teaching areas are determined annually through the Supply and Demand Survey for School Personnel, based on data received by school divisions in Virginia. Shortages in specific subject areas are derived from the top 10 academic disciplines identified by the survey as shortage fields.