The Secretary is authorized to issue such regulations as may be necessary to carry out this section.
The individual is employed full-time as an early childhood educator.
The individual is employed full-time in applied sciences, technology, engineering, or mathematics.
The individual is employed full-time as a school superintendent, principal, or other administrator in a local educational agency, including in an educational service agency, in which 30 percent or more of the schools are schools that qualify under section 1087ee(a)(2)(A) of this title for loan cancellation for Perkins loan recipients who teach in such a school.
The individual is an occupational therapist and is employed full-time providing occupational therapy services to children, adolescents, or veterans.
Subject to paragraph (2), for each school, academic, or calendar year of full-time employment in an area of national need described in subsection (b) that a borrower completes on or after August 14, 2008, the Secretary shall forgive not more than $2,000 of the student loan obligation of the borrower that is outstanding after the completion of each such school, academic, or calendar year of employment, respectively.
The Secretary shall grant loan forgiveness under this section on a first-come, first-served basis, and subject to the availability of appropriations.
Nothing in this section shall be construed to authorize the refunding of any repayment of a loan.
There are authorized to be appropriated to carry out this section such sums as may be necessary for fiscal year 2009 and each of the five succeeding fiscal years to provide loan forgiveness in accordance with this section.