Teacher Loan Forgiveness
If you are a teacher or know someone who is, the MN Teacher Shortage Student Loan Repayment Program applications are now being accepted until July 15! Click here to apply. Loan repayment awards are up to $1,000 per year up to five years for eligible applicants.
Part of the 2017 Increase Teachers of Color Act that passed two years ago was the inclusion of teachers of color and American Indian teachers (TOCAIT) as a shortage area along with certain licensure areas and geographic regions. While we were unsuccessful in getting further policy changes passed this session and more money for the program targeted to support TOCAIT, there is still $200k per year appropriated for this program we want to make sure all eligible TOCAIT apply to at least show demand for the program. For more info about how past money has been awarded, see Office of Higher Education’s Report on this program from February 2019.