The present study investigated the long‐term impact of a small‐group psychoeducational program on 51 individuals who were providing unpaid care for a dependent elderly relative or friend. As well, 13 caregivers in a comparable wait‐list control group were followed up 12 months after pretesting. Quantitative and qualitative analytic procedures were used to assess the effectiveness of the program. Overall, psychological and behavioural indicators were found to be positive for program partici