South Carolina Teacher Loan Forgiveness

🏆 Available:
💰 $5,000
⏳ N/A

Scholarship Description

The loan is forgiven at the rate of 20% or $3,000, whichever is greater, for each full year of teaching in a South Carolina public school in a critical subject or critical geographic area. If you teach in a public South Carolina school in both a critical subject and a critical geographic area, your loan will be forgiven at the rate of 33 1/3% or $5,000, whichever is greater, for each year of full-time teaching. If you have not been teaching for the full academic year, you must have taught a minimum of 76 days to be considered for forgiveness.

You must be a citizen or permanent resident of the United States.

  • You must be a resident of South Carolina.
  • You must be enrolled in and making satisfactory academic progress at an approved institution on at least a half-time basis.
  • You must be enrolled in a program of teacher education or have expressed an intent to enroll in such a program.
  • Entering freshmen must have been ranked in the top 40% of their high school graduating class and have an SAT or ACT score equal to or greater than the South Carolina average for the year of high school graduation. Currently, the average scores are: SAT (2 parts) 1021, ACT 18.
  • Enrolled undergraduate students, including enrolled freshmen (2nd term of freshman year), must have a cumulative grade point average of at least 2.75 on a 4.0 scale and must have taken and passed the Praxis Core (Praxis I prior to 07/01/14). Students with a SAT taken on or after 03/05/16, earning a total score of 1100 or greater (1650 for 3-part exams taken 03/01/05 – 03/04/16) or an ACT score of 22 or greater are exempt from the Praxis requirement. Other Praxis exemptions may apply, check with your College’s Education Department.
  • Entering graduate students must have at least a 2.75 grade point average on a 4.0 scale.
  • Graduate students who have completed at least one term must have a grade point average of 3.5 or better on a 4.0 scale.
  • If previously certified to teach, you must be seeking initial certification in a different critical subject area currently listed

Eligibility Requirements

  • Award is available to U.S. citizens

Application Requirements

  • Application form required

How To Apply

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Donor: South Carolina Student Loan Corporation

Corporation serves the students, parents and schools of South Carolina by providing comprehensive loan programs in a professional and friendly manner.

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