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MS SB2573
Bill
Status
Failed
3/3/2020
Primary Sponsor
Angela Turner-Ford
Click for details
AI Summary
- Creates the Economic and Academic Need Forgivable Loan Program under Section 37-106-74 of Mississippi Code for eligible teachers
- Provides forgivable loans to persons acquiring a bachelor's degree and teacher's license who commit to teaching for 5 consecutive years in economically depressed geographic areas, D-rated public schools, or F-rated public schools in Mississippi
- Discharges the loan after the borrower teaches as a licensed teacher for 5 years in a qualifying public school
- Repayment and conversion terms shall follow those outlined in Section 37-106-53
- State Board of Education shall establish rules and regulations and program is subject to legislative appropriation
- Takes effect July 1, 2020
Legislative Description
Economic and Academic Need Forgivable Loan Program; create.
Last Action
Died In Committee
3/3/2020
Committee Referrals
Education2/17/2020
Full Bill Text
No bill text available