The South Carolina Teacher Loan Program encourages residents to enter the teaching profession. A teacher can cancel portions of his or her student loan by teaching in certain critical geographical and subject areas. Both rural and suburban schools are designated as critical geographic areas. These areas are designated annually by the State Board of Education. It is a recipient's responsibility to determine a school's designation prior to accepting employment. Freshmen and sophomores may borrow up to $2,500 per year. Juniors, seniors, and graduate students may borrow up to $5,000 per year. Teachers who teach in critical geographical and subject areas are eligible. Please visit the scholarship's website or contact the South Carolina Department of Education for more information about the scholarship and the application process.