$2,500 Per Year to Repay Undergraduate Loans

Due to a critical teacher shortage in Florida, the Florida Department of Education is offering Teachers forgiveness of their student loans. If you are a Florida teacher and you are certified in a critical teacher shortage subject area contact The Office of Student Financial Assistance, 1940 North Monroe Street, Suite 70, Tallahassee, Florida 32303-4759; 888-827-2004. To find out more about this program, visit their website

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Teacher Retirement System Enrollees Eligible for 667,400 for Real Estate

Participants in the California State Teachers Retirement System can use the CalSTRS Home Loan Program to refinance their existing home loan or to buy a new home. Loans are made in amounts of up to $667,400 (or 95% loan to home value) and feature 15 to 30 year terms. Interest rates are typically below market. Eligible properties include single-family homes, cooperative apartments and condos, as well as two to four-unit dwellings.

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