SB 269

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. “School psychologist” 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.