The purpose of the Teacher Loan Repayment Program (TLRP) is to increase the number of teachers in designated high-need teacher positions in public schools through an educational loan repayment program. The program provides for repayment of the principal and reasonable interest accrued on loans obtained from the federal government for teacher education purposes.
High-need positions are considered to be filled by teachers that:
The application opens every year on June 1st and closes promptly on August 1st.
The Application will be available below starting on June 1st and will be removed from the page on the closing date of August 1st.
The Advisory Committee reviews each individual application and makes a full and careful investigation of the ability and qualifications of each applicant determining the fitness of a teacher to participate in the Teacher Loan Repayment Program.
Awards are dependent upon specific public school’s need for the designated high-need teacher position, the teacher’s total education indebtedness and available balances in the TLRP fund. Recipients are eligible for renewal upon completion of a two-school year obligation period. Recipients will be required to sign a contract committing to serve at an eligible employment site for a period of two (2) school years. Payments are made annually to the loan servicer directly upon verification of employment.
The Teacher Loan Repayment Program is a serious commitment to the students of New Mexico. Therefore, all participants are expected to complete their two-school-year service obligation. If a program participant does not complete a full year of teaching shall be voided, and the teacher shall forfeit any right to that year's payment pursuant to the agreement (contract).
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