Loan Forgiveness

One of NASP's ongoing priorities continues to be loan forgiveness for school psychologists. NASP prioritizes loan forgiveness in an attempt to reduce shortages of special education and related service personnel in schools.

Patient Protection and Affordable Care Act, Title V: Health Care Workforce
The Patient Protection and Affordable Care Act, Title V defines school psychologists under the category of "mental health professionals" who are eligible for loan forgiveness. This document includes the highlighted sections that reference school psychology.

Higher Education Opportunity Act of 2008
The Higher Education Opportunity Act of 2008 originally offered loan forgiveness to teachers and child care providers in low-income areas, a new version of the act has extended loan forgiveness to a variety of school personnel, including mental health professionals. This document highlights the definition of mental health professionals.

College Cost Reduction and Access Act of 2007: Public Service Loan Forgiveness Program
The College Cost Reduction and Access Act of 2007 was signed into law by President George W. Bush and included a loan forgiveness program for public employees, including public school employees like school psychologists. This Act entitles recipients of specific Federal Direct Loans to have those loans forgiven after 120 months of consistent payment towards those loans and employment in a public sector job. 

More Options

This CQ article details the College Cost Reduction and Access Act and the Higher Education Opportunity Act and the implications for school psychologists.

Related Resources

Public Service Loan Forgiveness Program (PSLFP)
In this FAQ, Kelly Vailancourt Strobach, NASP Director of Government Relations explains in detail how the PSLFP applies to school psychologists. 

Loan Forgiveness for Public School Employees Including School Psychologists
Explains how school psychologists are eligible for loan forgiveness.

Supporting School Success: Remedying the Shortage of School Psychologists
Explains the growing need for school psychologists.

Other Scholarship, Research Awards and Loan Forgiveness Information
Learn more about the scholarships and research awards NASP offers.

Frequently Asked Questions about Loan Forgiveness
CQ article answering some Loan Forgiveness FAQs