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WI AB270

WI AB270
A school psychologist loan program. (FE)


summary

Introduced
05/19/2025
In Committee
05/19/2025
Crossed Over
Passed
Dead
03/23/2026

Introduced Session

2025-2026 Regular Session

Bill Summary

This bill creates a school psychologist loan program to be administered by the Higher Educational Aids Board (HEAB) for students who meet certain eligibility criteria, including enrollment at an institution of higher education in a program of study leading to a school psychologist career. Under the program, HEAB may award to an eligible graduate student a loan of up to $10,000 annually for up to three years. HEAB must forgive 25 percent of the loan for each school year that the recipient is employed as a school psychologist in a rural county or urbanized area, as defined in the bill. XSchool psychologistY is defined in the bill as a licensed psychologist who practices in a school-based setting or an individual who is licensed as a school psychologist under rules promulgated by the Department of Public Instruction. For further information see the state fiscal estimate, which will be printed as an appendix to this bill.

AI Summary

This bill establishes a school psychologist loan program administered by the Higher Educational Aids Board (HEAB) to address workforce needs in school psychology. The program provides loans of up to $10,000 annually for up to three years (with a maximum of $30,000) to Wisconsin graduate students enrolled at least half-time in school psychology programs who maintain a minimum 3.0 GPA. Loans will be charged at a 5% interest rate, but recipients can have 25% of their loan and loan interest forgiven for each school year they work full-time as a school psychologist in either an urbanized area or a rural county. The bill carefully defines "rural county" as a county without an urbanized area where less than 25% of residents are employed outside the county or work from outside the county, and "school psychologist" as either a licensed psychologist practicing in a school setting or an individual licensed specifically as a school psychologist. The bill also requires HEAB to include funding for this program in its 2027-29 biennial budget request, with all loan repayments to be deposited into the state's general fund as earned revenue.

Committee Categories

Health and Social Services

Sponsors (7)

Last Action

Failed to pass pursuant to Senate Joint Resolution 1 (on 03/23/2026)

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