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CT SB00937

Bill

Status

Introduced

2/22/2019

Primary Sponsor

Education Committee

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Origin

Senate

2019 General Assembly

AI Summary

  • Office of Higher Education, in collaboration with Office of Early Childhood, administers an early childhood educator loan reimbursement grant program beginning fiscal year 2021.

  • Eligible recipients must be employed at a licensed child care center with annual salary less than $50,000 and hold either an associate or bachelor's degree with concentration in early childhood education from a regionally accredited institution approved by the Board of Regents and Office of Early Childhood.

  • Annual grants reimburse up to 10 percent of federal or state educational loans, with maximum reimbursement of $5,000 per year for a period not exceeding 10 years.

  • Reimbursement continues only while recipients maintain employment eligibility requirements at licensed child care centers.

  • Unexpended appropriated funds do not lapse at fiscal year-end but carry forward for expenditure in the next fiscal year; program takes effect July 1, 2019.

Legislative Description

An Act Concerning A Student Loan Forgiveness Program For Early Childhood Educators.

Last Action

Favorable Change of Reference, House to Committee on Appropriations

3/21/2019

Committee Referrals

Appropriations3/15/2019
Education2/22/2019

Full Bill Text

No bill text available