“The law forgives outstanding education debt for public service employees who have made 10 years of monthly payments on their loans while serving full-time in government, public education or other positions related to public service.”
“The law will augment the student loan reimbursement program for federal employees. Under that program, government agencies may provide up to $10,000 a year to federal employees who sign an agreement to remain at their agencies for at least three years. The lifetime maximum for one employee is $60,000.”
I will be graduating from college in one year and will have a 4 year degree in business along with $30,000 in private school loans and $20,000 in Federal Stafford loans. I am looking into the fire service as a career and am wondering if anybody can shed any light on whether these programs work.
Also are there any other types of scholarship programs or financial assistance for volunteer or full time firefighters?