Loading chat...
CO HB1001
Bill
Status
4/10/2023
Primary Sponsor
Cathy Kipp
Click for details
AI Summary
-
Expands eligibility for educator financial assistance programs by temporarily allowing students with expected family contributions up to 300% of maximum federal Pell-eligible amount for fiscal years 2022-23 and 2023-24, with this provision repealing January 31, 2027.
-
Broadens definition of "educator" to include principals and special services providers (in addition to existing teachers and school counselors) in educator loan forgiveness and stipend programs.
-
Extends temporary educator loan forgiveness program to include any educator position in Colorado public schools, cooperative services schools, or facility schools (beyond previous focus on rural and content shortage areas).
-
Adds prioritization criteria giving first consideration to applicants with shorter employment tenure under educator licenses when approving loan forgiveness applications within each applicant group.
-
Requires applicant placement for student educator stipend program to be in Colorado or within 100 miles of Colorado border, and appropriates funds for portfolio management system ($317,850 for 2022-23, with carryover to 2023-24 and 2024-25).
Legislative Description
Expanding Assistance For Educator Programs
Last Action
Governor Signed
4/10/2023