Minnesota Teacher Shortage Student Loan Repayment Program
The Minnesota Teacher Shortage Student Loan Repayment Program, created in 2015 by the State Legislature and signed into law by Governor Dayton, is intended to encourage teachers to teach in Minnesota in designated shortage areas by providing assistance with their student loan repayments.
Qualifying teachers who apply by June 30, 2016, may be eligible for repayment assistance of $1,000 per year, up to a total of $5,000. OHE estimates that 194 awards will be made for the 2015-2016 award year, with as many as 1,940 annual awards made through 2019.
Who is eligible to apply?
In general, applicants must currently:
- Hold a teaching license issued by the licensing division in the Minnesota Department of Education on behalf of the Board of Teaching
- Be employed by a school district to provide classroom instruction
- Teach in an designated teacher shortage area; and
- Have outstanding qualified educational loan debt
What is the application process?
- Applicants must apply annually.
- Complete the Minnesota Teacher Shortage Student Loan Repayment Program application. (Paper applications are available by request.)
- Applicants who meet the general eligibility requirements will be requested to provide additional documentation to verify the information provided on the application.
- The application deadline for the 2015-2016 award year is June 30, 2016.
Visit the Minnesota Office of Higher Education website or the Minnesota Teacher Shortage Student Loan Repayment Program Frequently Asked Questions for more information.