Annual awards for Mississippi residents who are currently employed as licensed classroom teachers in a Mississippi public school district and are graduate students enrolled at a postsecondary institution in Mississippi majoring in Education. Students must hold a valid Class "A" Mississippi Educator's License and seeking a class "AA" educator's license. This is a forgiveable loan; students must serve as full-time certified classroom teacher in an accredited Mississippi public school (K-12) for one full academic year. Number of awards and award amount may vary. Renewable.