In recent years, the government has contracted them to
service other kinds of Department
of Education
loans, like the Direct Loans and Perkins Loans prog
loans, like the Direct
Loans and Perkins Loans prog
Loans and Perkins
Loans prog
Loans programs.
• The following are included in annual income to qualify for an RHS guaranteed
loan: − Gross amount
of wages, salaries, overtime pay, commissions, fees, tips, bonuses and
other compensation for personal
services of all adult members
of the household − Net income from the operation
of a farm, business or profession, interest, dividends and
other net income
of any
kind from real or personal property − Payments from social security, annuities, insurance policies, pensions, unemployment, workers compensation, alimony and / or child support and
other types
of periodic receipts.
If you have the right
kind of federal
loans (direct one) and meet the
other payment requirements, you should be able to qualify for public
service student
loan forgiveness if you're teaching in a public school.