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MS SB2926
Bill
AI Summary
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Continues the Critical Needs Teacher Forgivable Loan Program beyond the 2017-2018 academic year, subject to legislative appropriation.
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Creates a new seven-year repayment program allowing applicants to teach in any geographical area of Mississippi, removing the previous restriction to designated critical shortage areas.
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Maintains the existing four-year repayment program for nontraditional licensed teachers in critical shortage areas, with a maximum annual repayment of $3,000.
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Requires the State Board of Education to submit annual reports by December 1 on program participation, completion rates, employment outcomes, and default status.
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Legislation takes effect July 1, 2018, and the entire section stands repealed July 1, 2020.
Legislative Description
Critical Needs Teacher Forgivable Loan Program; applicants may come from any school district in the state with repayment option.
Last Action
Died In Committee
1/30/2018