Overview
The Minority Teacher Loan Program provides loans to Wisconsin resident, minority, undergraduate sophomores, juniors, or seniors
who are enrolled at least half-time at a University of Wisconsin System institution or a non-profit, independent college or university in the state of Wisconsin.
Students must be enrolled in programs leading to teacher licensure in a discipline identified as a teacher shortage area for the state of Wisconsin
by the United States Department of Education and have an overall GPA of 3.0 or higher based on a 4.0 scale.
The maximum award per year is $10,000 with an overall maximum of $30,000.
According to the Wisconsin Statutes, a minority student is defined as a
Black American; American Indian or Alaskan native; Hispanic; person of Asian or Pacific Island origin;
or person whose ancestry includes two or more races.
Students who participate in this program must agree to teach full-time in a public or private elementary or secondary school, or a tribal school,
in a Wisconsin school district with a 40% or higher minority student population.
Eligiblity
To be eligible for this loan, the student must:
- be a Wisconsin resident;
- be a member of a minority population: African American; American Indian or Alaskan native; Hispanic; Asian or Pacific Island origin; or two or more races;
- be a sophomore, junior, or senior undergraduate student enrolled at least half-time at a University of Wisconsin System institution or a non-profit, independent college or university in the state of Wisconsin;
- have an overall GPA of 3.0 or higher based on a 4.0 scale;
- agree to teach in a public or private elementary or secondary school, or a tribal school, in a Wisconsin school district with a 40% or higher minority student population;
- be enrolled in a program of study leading to a teacher’s license in a discipline identified as a teacher shortage area for the state of Wisconsin by the federal Department of Education.
The following disciplines have been identified as teacher shortage areas in the state of Wisconsin:
| Standard Disciplines |
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English as a Second Language
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Bilingual Education
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Foreign Languages
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Mathematics
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Music
|
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Reading
|
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Sciences
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Library Media
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| Special Education |
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Cognitive Disabilities
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Cross Categorical
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Deaf and Hard of Hearing
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Early Childhood-Special Education
|
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Emotional/Behavioral Disorders
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Learning Disabilities
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School Speech and Language Disabilities
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Visual Disabilities
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| Career and Technology Education |
|
Agriculture
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Business Education
|
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Family and Consumer Education
|
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Marketing Education
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Technology Education
|
|
Application Process
Complete application. FAFSA completion is required to process. Once all application materials are submitted, agency will create an initial award.
School Financial Aid will certify enrollment and amount of award. Funds actually awarded may be reduced by school Financial Aid Office based on entire financial aid available.
After initial award by this agency, a loan disclosure statement will be emailed to you.
After certification and award confirmation by School Financial Aid office, the loan will be disbursed directly to the college or university.
Subsequent academic year loans are subject to this process.
Forgiveness and Repayment
Loan recipients, who meet ALL of the following criteria, will be granted 25% loan forgiveness per school year:
- Licensed by the Wisconsin Department of Public Instruction in a high-demand discipline as indicated on the recipient’s loan agreement.
- Employed by a public or private elementary or secondary school, or a tribal school, in a Wisconsin school district with a 40% or higher minority student population as a full-time teacher in a high-demand discipline as indicated on the recipient’s loan agreement.
- Receive a rating of proficient or distinguished on the educator effectiveness system or the equivalent in a school that does not use the educator effectiveness system.
- Submit to HEAB a completed employment verification form at the end of each academic year.
If repayment becomes necessary, this debt is incurred from the State of Wisconsin and repayment will be made directly to the State of Wisconsin.
If not eligible for Forgiveness or not in program compliance, repayment will begin no sooner than six months after withdrawal or graduation from the nominating institution.
The interest rate of the loan is 5%.
Payments are due each month and the loan must be repaid within ten years from the date repayment begins.
If you have questions about this information, contact;
Joy Dyer by phone at 608-267-2212, or e-mail at Joy.Dyer@wisconsin.gov
Schools Eligible to Participate
ALVERNO COLLEGE
CARROLL UNIVERSITY
CARTHAGE COLLEGE
CONCORDIA UNIVERSITY
EDGEWOOD UNIVERSITY
LAKELAND UNIVERSITY
MARANATHA BAPTIST UNIVERSITY
MARIAN UNIVERSITY
MARQUETTE UNIVERSITY
MOUNT MARY UNIVERSITY
RIPON COLLEGE
ST. NORBERT COLLEGE
UNIVERSITY OF WISCONSIN-GREEN BAY
UNIVERSITY OF WISCONSIN-LA CROSSE
UNIVERSITY OF WISCONSIN-MADISON
UNIVERSITY OF WISCONSIN-MILWAUKEE
UNIVERSITY OF WISCONSIN-OSHKOSH
UNIVERSITY OF WISCONSIN-PARKSIDE
UNIVERSITY OF WISCONSIN-PLATTEVILLE
UNIVERSITY OF WISCONSIN-RIVER FALLS
UNIVERSITY OF WISCONSIN-STEVENS POINT
UNIVERSITY OF WISCONSIN-STOUT
UNIVERSITY OF WISCONSIN-SUPERIOR
VITERBO UNIVERSITY
Application Instructions
- Hold your cursor over or clickTap
the
information icon for more information about the question.
- All required questions on a page must be answered to navigate to the next page.
- Your application is automatically saved as you navigate from page to page.
- All required fields must be completed to submit the application.
- Once you submit the application, you will receive a confirmation email.
Apply for Minority Teacher Loan Prorgam
