The Wisconsin HEAB Teacher Of The Visually Impaired Loan Program provides loans to Wisconsin resident undergraduates or graduate students who are enrolled at an in-state or eligible out-of-state institution in a program that prepares them to be licensed as teachers of the visually impaired or as orientation and mobility instructors. The student who participates in this program must agree to be a licensed teacher or an orientation or mobility instructor in a Wisconsin school district, the Wisconsin Center for the Blind and Visually Impaired or a cooperative educational service agency. For each of the first two years the student teaches and meets the eligibility criteria, 25 percent of the loan is forgiven. For the third year, 50 percent is forgiven. If the student does not teach and meet the eligibility criteria, the loan must be repaid at an interest rate of 5 percent. Please visit the award's website or contact the Wisconsin Higher Educational Aid Board for more information.