Colorado Educator Loan Forgiveness Program

Colorado Educator Loan Forgiveness Program

Status: Active

Geographic Scope: Colorado

Focus Areas: Education, workforce development

Overview: Provides loan forgiveness for qualified Colorado educators to address educator shortages and provide support to those serving in rural and hard-to-fill positions.

Eligibility

• Currently working in Colorado public school system
• Working in approved rural schools or districts, OR
• Teaching a content-shortage area in a non-rural school
• Must have federal student loans in their name only
• Educators may apply for up to $5,000 every year they remain eligible

Background

• Established by Colorado General Assembly through SB19-003 in 2019
• Program funded for five years
• First loan forgiveness distributed in Fiscal Year 2021-22
• Administered by Colorado Department of Higher Education (CDHE)

Additional Resources

• Learn more on CDHE's website
• FAQs available in the Colorado Educator Loan Forgiveness Informational Booklet