Introduced
by
To establish a state low-interest teacher-school tuition loan program for employees of school districts with teacher shortages. Up to $16,000 in tuition loans over four years would be available to a teacher in training, and 20 percent of the loan would be forgiven for each year a recipient who has graduated and received a state teacher certificate teaches in a district with a teacher shortage. The money would come from a new fund to be created in the Department of Treasury, but the source for the money is not specified by the bill.
Referred to the Committee on Banking and Financial Institutions
