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CT SB00937
Bill
Status
2/22/2019
Primary Sponsor
Education Committee
Click for details
AI Summary
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Office of Higher Education, in collaboration with Office of Early Childhood, administers an early childhood educator loan reimbursement grant program beginning fiscal year 2021.
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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.
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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.
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Reimbursement continues only while recipients maintain employment eligibility requirements at licensed child care centers.
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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