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Child Care Provider Loan Forgiveness Demonstration

Published on AidPage by IDILOGIC on Jun 24, 2005

Administered by:

How to apply...

Application Procedure:

Applications for forgiveness and forbearance are submitted directly to the Department of Education. Contact the Program Office for additional information.

Note: Each program will indicate whether applications are to be submitted to the Federal headquarters, regional or local office, or to a State or local government office.

Award Procedure:

Applications for forgiveness are approved on a first-come, first-served basis, contingent upon the availability of annual appropriations. Priority for loan forgiveness in subsequent fiscal years is given to borrowers who received loan forgiveness for the preceding fiscal year.

Note: Grant payments may be made by a letter of credit, advance by Treasury check, or reimbursement by Treasury check. Awards may be made by the headquarters office directly to the applicant, an agency field office, a regional office, or by an authorized county office. The assistance may pass through the initial applicant for further distribution by intermediate level applicants to groups or individuals in the private sector.