Are there any student loan repayment programs available for public service employees?

Yes, in Wisconsin there are several student loan repayment programs available for public service employees. The Wisconsin Higher Education Aids Board (HEAB) offers a loan repayment program for individuals employed in public service positions, such as teachers, nurses and social workers. Through this program, up to $3,000 of eligible loans may be forgiven each year for up to five years. Qualifying full-time employees can receive up to $25,000 in loan forgiveness over 5 years. Additionally, there are a few scholarship and loan forgiveness programs available for students who are planning to pursue careers in public service. The Department of Workforce Development administers the Wisconsin Public Service Loan Forgiveness Program, which provides loan forgiveness to eligible borrowers who are employed in a public service field. This program forgives up to $4,000 of principal and interest for each year of service, up to five years of service. The State of Wisconsin also offers the Wisconsin Public Service Scholarship Program, which provides scholarships for Wisconsin residents who are pursuing a degree in a public service field. The scholarships are awarded based on academic excellence and financial need. In order to qualify, students must maintain a minimum grade point average and demonstrate commitment to public service. Overall, Wisconsin provides several loan repayment and scholarship programs for individuals who are planning to pursue careers in public service. These programs can help eligible borrowers to reduce or even eliminate loan debt, allowing them to focus their resources on advancing their careers.

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