Summary of the Introduced Bill

HB 26 -- Loan Repayment Assistance for Teachers

Co-Sponsors:  Wilson (42), Boykins, Curls

This bill creates a program to provide loan repayment assistance
for teachers who teach full-time in a provisionally accredited
or unaccredited school district.  The teachers must have
graduated from a nationally accredited teacher education program
with at least a 2.50 grade point average on a 4.00 scale and
must agree to teach in the district for at least the number of
years they receive assistance on any loan.  The repayment of the
loans must have begun within the last 5 years.  The principal
loan repayment amount cannot exceed $4,000 plus applicable
accrued interest.  Teachers who lose their certification, are
fired, or quit will lose the assistance on a pro-rated basis.  A
teacher whose certification is restored may have the assistance
reinstated.


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Last Updated November 26, 2001 at 11:41 am