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IN SB0028
Bill
Status
2/6/2018
Primary Sponsor
Vaneta Becker
Click for details
AI Summary
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Establishes the nursing faculty loan repayment grant program to increase the number of nursing educators and adjunct clinical faculty teaching in Indiana nursing schools
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Applicants must be Indiana residents for at least 12 continuous months, U.S. citizens or lawful permanent residents, and licensed registered nurses holding at least a bachelor's degree in nursing (or enrolled in a graduate nursing program)
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Recipients must teach at least 12 credit hours annually at an Indiana nursing school and have outstanding non-defaulted student loans from state or federal education loan programs
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Annual grants equal the lesser of the remaining loan balance or $5,000, with a lifetime maximum of $25,000 per individual
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Creates the nursing faculty loan repayment grant fund administered by the Commission for Higher Education, funded through legislative appropriations, deposits, and gifts, with unused funds rolling over each fiscal year
Legislative Description
Nursing faculty loan repayment grant program. Establishes the nursing faculty loan repayment grant program (program) to increase the number of nursing faculty in Indiana. Requires the commission for higher education to administer the program. Establishes the nursing faculty loan repayment grant fund. Sets forth requirements for an individual to participate in the program. (The introduced version of this bill was prepared by the interim study committee on public health, behavioral health, and human services.)
Last Action
First reading: referred to Committee on Ways and Means
2/12/2018