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MS SB2573

Bill

Status

Failed

3/3/2020

Primary Sponsor

Angela Turner-Ford

Click for details

Origin

Senate

2020 Regular Session

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