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Teacher Shortage Loan Forgiveness Program March 09, 2009 The intent of the Teacher Shortage Loan Forgiveness Program is to reduce a student's loan indebtedness for individuals teaching in North Dakota at grade levels and/or in content areas identified by the Department of Public Instruction as having a teacher shortage. The number of annual loan reductions is limited and contingent upon legislative appropriations. Therefore, not all qualified applicants are assured funding. All qualified applicants for this Program will be considered in priority order as defined in Section 3 of NDUS procedures 508.1.2 which is included in the application materials. Please note that applications and letters of employment certification will not be accepted prior to April 1. The Superintendent of Public Instruction will identify teacher shortage areas annually. The Bank of North Dakota will be responsible for processing the loan forgiveness payment to financial institutions holding student loans for funded recipients by July 30th of each year. The North Dakota University System Office will notify all funded recipients by July 30th; no notice will be sent to applicants not funded. Funding recipients are eligible to receive up to $1000 per year in continued loan forgiveness for each consecutive year they teach in a teacher shortage area, subject to a maximum of $3,000. For a copy of the application materials please click on the PDF file below or contact the North Dakota University System office. Teacher Shortage Loan Forgiveness procedure and application (162.21 kb) Adobe Acrobat Reader software is needed on your computer to view the PDF. Adobe Acrobat allows you to view, navigate, and print PDF files across all major computing platforms. Software can be downloaded from the Adobe website. |
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