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ND HB1317
Bill
Status
Introduced
1/15/2013
Primary Sponsor
Marie Strinden
Click for details
AI Summary
- State board of higher education shall administer a student loan paydown program for early childhood education and care providers in North Dakota
- Eligible individuals must have an associate's or baccalaureate degree in early childhood education obtained after July 1, 2013, and at least $1,000 in outstanding student loans
- Eligible individuals must be employed full-time at a licensed facility or approved program in the state and submit annual applications reviewed in chronological order
- Board shall pay down $1,000 of each eligible participant's student loan principal balance annually for a maximum of five consecutive years
- Appropriates $100,000 from the general fund to the state board of higher education for the biennium beginning July 1, 2013, with no more than $50,000 expendable in the first year
Legislative Description
A student loan paydown program for early childhood education and care providers; and to provide an appropriation.
Last Action
Second reading, failed to pass, yeas 34 nays 57
2/4/2013
Committee Referrals
Education1/15/2013
Full Bill Text
No bill text available