Relating to: a school psychologist loan program. (FE)

SB 269 establishes a state-funded loan program for graduate students pursuing school psychology careers at Wisconsin universities. Eligible students (in-state residents enrolled full-time in school psychology programs with a 3.0+ GPA) can receive up to $10,000 annually ($30,000 total) with 5% interest. Borrowers earn 25% loan forgiveness each year they work full-time as school psychologists in public or private schools located in rural counties or urbanized areas. All loan repayments and interest flow into the state general fund.