Loan Assumption & Forgiveness Programs
State Loan Assumption Programs
The California Student Aid Commission offers Loan Assumption Programs for Teachers and Nurses designed to encourage outstanding students to become professionals in high-need areas in California. These programs are designed to assume a certain amount of outstanding educational loan balances in return for qualifying service. Students must apply and be admitted to the program and currently pursuing ther degree.
NOTE: Due to the 2012-13 State Budget Act approved by the Governor, new allocations for the APLE and SNAPLE NF programs have been eliminated. The elimination of new allocations includes the APLE for District Interns and the APLE for Credentialed Teachers programs. As a result of the 2012- 13 Budget Act, the California Student Aid Commission will not accept 2012-13 applications for the APLE and SNAPLE programs. The Commission will continue to accept and process other forms and documentation to administer program benefits for existing participants who are in the programs. While it is extremely unfortunate that the 2012-13 allocations were eliminated for our loan assumption programs, the authority that establishes the existence of APLE and SNAPLE NF remains in statute. Therefore, in future years, if funding is appropriated, these programs can be reinstated.
- APLE Program: The Assumption Program of Loans for Education (APLE) for Future Teachers K-12 is a state- funded competitive teacher incentive program administered by the California Student Aid Commission designed to encourage outstanding students to become teachers and serve in critical teacher shortage areas in California public elementary and secondary schools. For more information, please visit: APLE Program
- Grad-APLE Program: The Graduate Assumption Program of Loans for Education (G-APLE) is a state-funded competitive teacher incentive program administered by the Commission. It is designed to encourage individuals to complete their graduate education and serve as faculty at an accredited California college or university. For more information, please visit: http://www.csac.ca.gov/
- SNAPLE NF: The State Nursing Assumption Program of Loans for Education for Nursing Faculty (SNAPLE NF) is a state-funded program designed to encourage persons to complete their graduate degree and serve as nursing faculty in a nursing program at an accredited California college or university. It will pay up to a total of $25,000 on outstanding student loans over the course of 3 academic years for teaching nursing on a full-time basis, or on a part-time basis for the equivalent of three full-time academic years. At the time of application, a person must already have a baccalaureate degree in nursing or a field related to nursing and must not be currently teaching in nursing. For more information please visit the CSAC website for SNAPLE NF.
- SNAPLE NSF: The State Nursing Assumption Program of Loans for Education for Nurses in State Facilities (SNAPLE NSF) is intended to encourage registered nurses and students who will become registered nurses to seek employment in specified state-operated 24-hour facilities with a registered nurse vacancy rate of greater than 10%. It will pay up to a total of $20,000 on outstanding student loans over the course of 4 years for full-time employment service as a registered nurse in a qualified position in an eligible state-operated facility. An applicant may be a student in an approved pre-licensure program, or an individual who has completed a pre-licensure program within the award year that he or she applies for the program and who has applied or is applying for licensure as a registered nurse in California. For more information please visit the CSAC website for SNAPLE NSF.
Federal Loan Forgiveness Programs
- Teacher Loan Forgiveness: Students are advised that on October 30, 2004, President Bush signed the "Taxpayer- Teacher Protection Act of 2004" that established provisions under which new Stafford Loan borrowers may qualify for teacher loan forgiveness of up to $17,500. The increased amount of teacher loan forgiveness is only available to an individual who had no outstanding balance of principal or interest owing on any loan made, insured or guaranteed under Title IV of the HEA prior to October 1, 1998 and has borrowed eligible loans prior to October 1, 2005. For more information, please visit the Department of Education's (DOE) archive publication website.