House Study Bill 96 - Introduced SENATE/HOUSE FILE _____ BY (PROPOSED COLLEGE STUDENT AID COMMISSION BILL) A BILL FOR An Act relating to eligibility requirements for grant and loan 1 forgiveness programs administered by the college student 2 aid commission that provide assistance to elementary and 3 secondary school teachers in this state. 4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 5 TLSB 1192DP (6) 87 kh/jh/rj
S.F. _____ H.F. _____ Section 1. Section 261.110, subsection 2, Code 2017, is 1 amended to read as follows: 2 2. An Iowa resident or nonresident applicant shall be 3 eligible for a teach Iowa scholar grant if the applicant 4 meets all of the criteria specified under, or established in 5 accordance with, subsection 3 . Priority shall be given to 6 applicants who are residents of Iowa. A person is ineligible 7 for this program if the person receives a forgivable loan under 8 section 261.111 or loan forgiveness under section 261.112. 9 Sec. 2. Section 261.112, subsection 1, Code 2017, is amended 10 to read as follows: 11 1. A teacher shortage loan forgiveness program is 12 established to be administered by the commission. A teacher 13 is eligible for the program if the teacher is practicing in 14 a teacher shortage area as designated by the department of 15 education pursuant to subsection 2 . A person is ineligible 16 for this program if the person receives a grant under section 17 261.110 or a forgivable loan under section 261.111. For 18 purposes of this section , “teacher” means an individual holding 19 a practitioner’s license issued under chapter 272 , who is 20 employed in a nonadministrative position in a designated 21 shortage area by a school district or area education agency 22 pursuant to a contract issued by a board of directors under 23 section 279.13 . 24 EXPLANATION 25 The inclusion of this explanation does not constitute agreement with 26 the explanation’s substance by the members of the general assembly. 27 This bill makes a person who receives a forgivable loan 28 under the teacher shortage forgivable loan program or loan 29 forgiveness under the teacher shortage loan forgiveness program 30 ineligible to receive a grant under the teach Iowa scholar 31 program. The bill also makes a person who receives a grant 32 under the teach Iowa scholar program or a forgivable loan 33 under the teacher shortage forgivable loan program ineligible 34 to receive loan forgiveness under the teacher shortage loan 35 -1- LSB 1192DP (6) 87 kh/jh/rj 1/ 2
S.F. _____ H.F. _____ forgiveness program. All three programs are administered by 1 the college student aid commission. 2 Under Code section 261.110, the teach Iowa scholar program 3 provides up to $4,000 annually to applicants who were in the 4 top 25 percent of a teacher preparation program or who had 5 earned other comparable academic credentials, and who are 6 preparing to teach full-time in certain hard-to-staff subject 7 areas at a school district, charter school, area education 8 agency, or accredited nonpublic school in this state. 9 Under Code section 261.112, the teacher shortage loan 10 forgiveness program provides loan forgiveness to teachers 11 who are employed by a school district or area education 12 agency and who are practicing in a teacher shortage area as 13 designated by the department of education. The annual amount 14 of loan forgiveness shall not exceed the resident tuition rate 15 established for the regents universities or 20 percent of the 16 teacher’s total federally guaranteed Stafford loan amount under 17 the federal family education loan program or the federal direct 18 loan program, including principal and interest, whichever 19 amount is less. 20 Under Code section 261.111, the teacher shortage forgivable 21 loan program provided forgivable loans to applicants who were 22 enrolled in an approved practitioner preparation program in a 23 designated area in which teacher shortages were anticipated. 24 The last year in which moneys were appropriated for this 25 program was fiscal year 2007-2008. 26 -2- LSB 1192DP (6) 87 kh/jh/rj 2/ 2