The conservative advice maven made the announcement Tuesday on CNN's "Larry King Live," saying she wants to "regain her First Amendment rights."
Schlessinger says she's not retiring or quitting. Instead, she says she feels stronger and freer to say what needs to be said.
Schlessinger said last week that she was sorry for saying the N-word during her conversation with a caller who she said was "hypersensitive" to racism.
She says she apologized because she knew what she had done was wrong.