El Paso County high school graduates attending El Paso County colleges may be eligible for up to $1,500 in student loan forgiveness from College Invest, Colorado's not-for-profit higher education financing resource.
The CollegeInvest Graduation Reward Program is a partnership between the City of Colorado Springs, El Paso County and CollegeInvest, a division of the Colorado Department of Higher Education.
"Assistance is available for El Paso County graduates who qualify," said Janet Gullickson of CollegeInvest. "Signing up to participate in the program is easy and $1,500 in loan forgiveness could eliminate an entire year of student loan payments."
The amount of loan forgiveness depends on the type of degree the student is pursuing, ranging from $300 for a vocational certificate to $1,500 for a bachelor's degree.
To participate in the program, students must:
-Register to participate at http://www.collegeinvest.com/
-Graduate from high school in El Paso County.
-Be eligible for federal financial aid.
-Graduate from a college in El Paso County.
-Choose CollegeInvest for their Stafford student loans.
-Attend classes at least part time and graduate within established time limits.
For three decades, CollegeInvest has served as Colorado's not-for-profit higher education financing resource, helping families across the state pay for college through scholarships, matching grants, student loan forgiveness, college savings plans, outreach programs and planning tools.
As a not-for-profit division of the Colorado Department of Higher Education, CollegeInvest's sole focus is helping Colorado families overcome the financial barriers of attending college.
Families can access valuable information on paying for higher education at www.collegeinvest.org.
