California Student Aid Commission
California Student Aid Commission P.O. Box 419027 Rancho Cordova, CA 95741-9027 Phone: (916) 526-7590 Toll-Free: (888) 224-7268 Fax: (916) 526-8004 Website: http://www.csac.ca.gov/
This California agency has been authorized to guarantee loans borrowed under the Federal Family Education Loan Program (FFEL). Check the California
FAFSA deadline
. These loans are administered by EDFUND. California offers no interest rate reductions on these loans, however the state offers extensive possibilities for college loan forgiveness.
Your loan(s) may be forgiven if: - you will teach in California- Assumption Program of Loans for Education (APLE)
- you will practice nursing in California- State Nursing Assumption Program of Loans for Education (SNAPLE)
- you will sign up for the National Guard- National Guard Assumption Program of Loans for Education (NGAPLE)
New state legislation went into effect in Jan. 2009 that funds debt forgiveness for student loans for doctors who work in medical centers in underserved communities. For three years service, the Steven M. Thompson Program will pay student loan repayment grants up to $105,000.
The great thing about many of these loan forgiveness programs is that they also apply to out-of-state students. California is trying to attract new residents who have the skills that the state needs.
The state of California prefers to concentrate its efforts on a large number of college grants and scholarships rather than on state loans.
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