Office of the Superintendent
Loan Repayment Assistance Available to Eligible TeachersTuesday, January 3, 2012, 8:59 am
Did you know that the State of Montana provides loan repayment assistance to teachers who teach in critical shortage areas at impacted schools? An eligible educator can receive repayment assistance up to $3,000 annually for four years. For the 2011-12 school year, the following education fields are impacted by educator shortages: Special Education, Career and Technical Education, Mathematics, Music, Science, Speech-Language Pathologists, School Counselors, and World Languages. To be eligible for loan repayment assistance, a teacher must be employed full-time in a public school that is designated as impacted by critical shortages, a special education cooperative, the Montana School for the Deaf and Blind, the Montana Youth Challenge Program, or a state youth correctional facility. The teacher must also hold a valid educator license and have an outstanding loan balance on an educational loan made by a federal loan program. For a list of the 576 public schools that have been designated as impacted by critical shortages, click on this link http://www.opi.mt.gov/PDF/cert/CrShortageNov2011.pdf and go to page 9. Applications for loan repayment assistance will be available on February 1 through the Montana Guaranteed Student Loan Program.
For more information, contact Madalyn Quinlan, Chief of Staff, 406-444-3168