Student Loan Forgiveness for Social Workers
The Catholic University of America supports student loan forgiveness for social workers. We are constantly striving to keep current and potential students informed of the available opportunities to reduce or eliminate student loans.
The College Cost Reduction Act of 2007
The College Cost Reduction Act of 2007 established a new public service loan forgiveness program that will discharge any remaining educational debt after 10 years of full-time employment in public service.
The employment in public service must be full-time and fall under one of the following industries:
- Social work in a public child of family agency
- Military service
- Public safety
- Law enforcement
- Legal advocacy in low-income communities
- Public child care
- Public health
- Public education
- Public interest law services
- Public service for individuals with disabilities
- Public service for the elderly
- School-based services
- Loan forgiveness would be offered to those who hold public service jobs (including social workers in a public child or family service agency).
- A cap on repayments of federally backed loans at 10 percent (decreased from 15 percent in 2014) of a borrower’s discretionary income.
How does this program apply specifically to social workers?
Child welfare workers who have a degree in social work or a related field with a concentration on serving children and families, and who are employed full time in public or private child welfare services, are eligible as well as mental health professionals with a Master’s degree in social work, psychology or psychiatry, who service children, adolescents or veterans.
How much of my loan does this affect?
After 120 monthly payments (10 years) have been made, 100% of the remaining balance will be forgiven. You must have worked in public service during the 10-year window, and at the time of the loan cancellation.
How do I find out if I am eligible for the loan forgiveness program?
To determine whether or not you are eligible, contact the U. S. Department of Education at 1-800-433-3243. Click here for more information about the Public Service Loan Forgiveness program.
The Catholic University team is here to help. Contact us at 855-295-5711 to speak with an admissions adviser about your financial aid options.