Are there any special programs or incentives to help me pay off my student loans?

Yes, there are special programs and incentives available in South Carolina to help pay off student loan debt. The federal government offers various loan forgiveness and repayment plans that may be available to you or your parents. The Public Service Loan Forgiveness program forgives the remaining balance on certain federal student loans if you have worked full-time for 10 years in an eligible public interest job. Other repayment plan options may include income-based repayment, graduated repayment, and extended repayment. In addition, South Carolina has several state-funded programs that can help you pay off your student loans. The South Carolina Need-Based Grant program is available to students pursuing an undergraduate degree and offers eligible students additional grants to help pay for tuition. The SC Future Scholar 529 College Savings Plan is a tax-deferred way to save for college costs, and you can use your funds to pay student loan debt. The South Carolina Tuition Grants Program also provides money to South Carolina resident students attending eligible schools. Finally, you can research private organizations that offer student loan assistance. Some of these organizations grant money, while others offer low-interest loan options. Before applying for any of these programs or incentives, it’s important to weigh all the pros and cons to see what applies to your individual situation.

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Are there any special programs or incentives to help me pay off my student loans?

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