• Educator of Color Loan Forgiveness Program

    Forgives up to $25,000 of your college loans after 3 complete and consecutive years of teaching in the district.

    Program Highlights:

    • PPSD is offering loan forgiveness for educators of color through a grant from the Rhode Island Foundation.
    • Funding will offer individuals a student loan-repayment incentive totaling up to $25,000 over three years of employment in PPSD.
    • Payments will be made directly to your student loan providers through the Rhode Island Student Loan Authority (RISLA) at the conclusion of each year.
    • In order to receive the full $25,000, you must work for three (3) years consecutively in the district.
    • You will be required to pay taxes as it is considered a gift. 

    What are the eligibility requirements?

    You must:

    • Be a newly hired full-time (non-substitute) teacher or be currently employed as a full-time (non-substitute) teacher;
    • Identify as Asian, Black, Indigenous, Latino, biracial, or multi-racial; AND
    • Have a minimum of $5,000 in student loans.

    How to apply:

    Application process and next steps:

    • After your application is submitted and reviewed, you will receive an acceptance/denial letter.
    • If accepted, you will be asked to complete the Rhode Island Student Loan Authority form to share your student loan information.
    • Work a minimum of 135 days in the school year to maintain eligibility.
    • Pay taxes to the IRS on your gift.

    APPLICATIONS ARE NOW OPEN FOR COHORT 4. APPLICATIONS WILL BE REVIEWED IN JANUARY 2025 & DECISIONS WILL BE MADE FEBRUARY 2025. APPLICATIONS AFTER THAT DATE WILL BE REVIEWED ON A CASE BY CASE BASIS, WHILE SPACE IS STILL AVAILABLE.