Okay, folks. I am back in the game, as far as my student loans are concerned. A while back, I wrote a post about how I cried because I misunderstood something and that something cost me more than $13,000- the money from the Teacher Loan Forgiveness Program.
Let me explain. Firstly, I thought that I could participate in two AmeriCorps program for four years with a grand total of $18,900 earned. I was, however, woefully wrong. I found out that the correct amount of times that I could participate in an AmeriCorps programs was for 2 years with the total amount of money earned $9,450. Secondly, I thought that having received the AmeriCorps money, that I was ineligible for any Teacher Forgiveness Loan money. That is also not so.
I clicked on a link @ the T.E.A.M.S. AmeriCorps site and was so compelled to try to find a loophole. I knew that there just had to be another way. I need and want that extra money. So, I took another looksee and found that “other” way that I’d been looking for. I read the fine print and found out that as long as I didn’t receive the AmeriCorps money for my teaching service, then I was okay.
Yaaaaaay! I did not receive AmeriCorps money as a teacher! I received it as an assistant. Now, I can gracefully bow out of my T.E.A.M.S. AmeriCorps program, so that I can get that Teacher Forgiveness Loan money; which as it turns out is about $13,000 more than the AmeriCorps money that I would have received this year.
Hallelujah and Thank you Jesus. I am soooooooooo happy that everything will work out. Once I receive that money, I will have almost all of my loans paid for.
Here is the link if you want to find out more information, click here.