Bill > SB269

This bill establishes a school psychologist loan program administered by the Higher Educational Aids Board (HEAB) to support graduate students pursuing careers as school psychologists in Wisconsin. Eligible students must be state residents enrolled at least half-time in a graduate program in-state, with a minimum 3.0 GPA, and studying to become a school psychologist. The program offers loans up to $10,000 annually for up to three years, with a maximum total loan of $30,000. These loans will be charged a 5% interest rate, but HEAB will forgive 25% of the loan and interest for each school year the recipient works full-time as a school psychologist in either an urbanized area or a rural county. The bill specifically defines "rural county" as a county without an urbanized area where less than 25% of residents are employed outside the county or work in another county with an urbanized area. A "school psychologist" is defined as a licensed psychologist working in a school setting or an individual licensed as a school psychologist by the Department of Public Instruction. Any loan repayments will be deposited into the state's general fund, and the bill also requires HEAB to include funding for this program in its 2027-29 biennial budget request.

Education

https://docs.legis.wisconsin.gov/2025/proposals/reg/sen/bill/sb269