Iowa Teacher Shortage Forgivable Loan Program
Student Loan & EducationTeachersCareer Hiring
Program at a Glance
- Location: Iowa (statewide)
- Status: Check Iowa College Aid for current application details
- Maximum benefit: Capped at Iowa’s resident tuition rate or what you can show you need
- Who it’s for: Iowa residents who are sophomores, juniors, seniors or graduate students in an approved teacher preparation program
- Forgiveness: 20% of what you owe each year you teach in a shortage area in Iowa
- Last verified: November 2026
About the Program
Iowa offers a loan to students who are training to be teachers in a subject or area the state is short on. It's for Iowa residents who are sophomores, juniors, seniors or graduate students in an approved teacher preparation program. The yearly amount can't go above Iowa's resident tuition rate or what you can show you need. After you graduate, you get 20% of what you owe forgiven for each year you teach in Iowa in the shortage area, and anything left gets repaid over ten years. This summary comes from state law, so check Iowa College Aid for the current application and award details.
Official source: Program details
Thinking About Iowa?
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