Foster Care Mentoring Act of 2007 - Amends title IV part B (Child-Welfare Services) of the Social Security Act to direct the Secretary of Health and Human Services to award grants to states to support the establishment or expansion and operation of programs using networks of public and private community entities to provide mentoring for children in foster care. Authorizes a grant award directly to a political subdivision if the subdivision serves a substantial number of foster care youth.
Prescribes program implementation guidelines, including: (1) application requirements; (2) training; (3) screening; (4) educational requirements; (5) federal and nonfederal share of funds for the program; (6) considerations in awarding grants; and (7) use of funds.
Sets forth a maximum grant amount to be awarded to a state or political subdivision.
Authorizes the Secretary to award a competitive grant to an eligible entity to establish a National Hotline Service or website to provide information to individuals interested in becoming mentors to youth in foster care.
Instructs the Secretary of Education to implement a program to provide for the discharge or cancellation of the federal student loan indebtedness of an eligible mentor.