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House Journal: Page 990: Thursday, March 26, 1998

14   established in section 261.111, if enacted:
15  		 $	    300,000"
16     2.  Page 15, by inserting after line 1 the
17   following:
18     "Sec. ___.  NEW SECTION.  261.111  PRACTITIONER
19   SHORTAGE LOAN PAYMENT PROGRAM.
20     1.  A practitioner shortage loan payment program is
21   established to be administered by the college student
22   aid commission as provided in this section.  The
23   purpose of the loan payment program is to increase the
24   number of qualified teachers and administrators in
25   areas of the state experiencing a shortage of teachers
26   or administrators.  An individual is eligible for the
27   program if the individual meets all of the following
28   conditions:
29     a.  Is a resident of this state who is enrolled at
30   an institution of higher learning under the control of
31   the state board of regents or an accredited private
32   institution as defined in section 261.9.
33     b.  Is enrolled in one or more of the subject areas
34   determined by the department of education as
35   experiencing a shortage of practitioners.
36     c.  Has filed a loan application with the
37   commission.
38     d.  Meets the requirements for a practitioner
39   shortage loan established in this chapter and by
40   administrative rule.
41     2.  A practitioner shortage loan shall be awarded
42   for not more than the equivalent of two years and may
43   be awarded to an eligible individual under this
44   section if the individual agrees to serve as an
45   administrator for two years, or agrees to teach for
46   two years, in an area in this state that the
47   department of education has determined is experiencing
48   a shortage of practitioners.  A loan awarded in
49   accordance with this section, and the interest that
50   accrues on the loan, shall not become due and payable

Page 2  

 1   until one year after the individual graduates. If a
 2   loan recipient submits evidence to the commission that
 3   the recipient was employed as a practitioner in a
 4   practitioner shortage area for a school year in
 5   accordance with this section, fifty percent of the
 6   principal amount of the loan and any interest accruing
 7   on fifty percent of the principal amount of the loan
 8   shall be canceled.  If the recipient continues
 9   employment as a practitioner in a practitioner
10   shortage area as provided in this section during the
11   next succeeding school year and submits evidence to
12   the commission of the continuation of employment as a
13   practitioner as agreed to in accordance with this

© 1998 Cornell College and League of Women Voters of Iowa

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Last update: Wed Apr 1 13:30:12 CST 1998
URL: /DOCS/GA/77GA/Session.2/HJournal/00900/00990.html
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