Senate File 304 - Introduced SENATE FILE 304 BY CARLIN and GOODWIN A BILL FOR An Act relating to applicant priority and grant award amounts 1 under the teach Iowa scholar program. 2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 3 TLSB 1103XS (4) 89 kh/jh
S.F. 304 Section 1. Section 261.110, subsections 2 and 4, Code 2021, 1 are 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 first 6 to applicants seeking to renew their grant awards and who 7 continue to meet the original priority criteria under which 8 such applicants’ first awards were received; then to applicants 9 who are graduates of approved practitioner preparation 10 programs, by academic year, with the most recent academic year 11 graduates given priority; then to applicants who are minority 12 persons and residents of Iowa; then to applicants who are 13 residents of Iowa. A person is ineligible for this program if 14 the person receives a forgivable loan under section 261.111 or 15 loan forgiveness under section 261.112 . For purposes of this 16 section, “minority person” means the same as defined in section 17 15.102. 18 4. A selected applicant who meets all of the eligibility 19 requirements of this section shall be eligible for a teach 20 Iowa scholar grant for each year of full-time employment 21 completed in this state as a teacher for a school district, 22 charter school, area education agency, or accredited nonpublic 23 school. A teach Iowa scholar grant shall not exceed four seven 24 thousand five hundred dollars per year per recipient. Grants 25 awarded under this section shall not exceed a total of twenty 26 thirty-seven thousand five hundred dollars per recipient over 27 a five-year period. If a selected applicant has received a 28 federally guaranteed Stafford loan under the federal family 29 education loan program or the federal direct loan program, 30 a federal direct plus loan, or a federal Perkins loan, the 31 selected applicant may elect to have the commission make 32 payment under the program directly to the selected applicant’s 33 student loan holder. 34 EXPLANATION 35 -1- LSB 1103XS (4) 89 kh/jh 1/ 2
S.F. 304 The inclusion of this explanation does not constitute agreement with 1 the explanation’s substance by the members of the general assembly. 2 This bill modifies the teach Iowa scholar program to give 3 first priority to applicants seeking renewal of their grant 4 awards, then to applicants who are graduates of approved 5 practitioner preparation programs, then to applicants who are 6 minority persons, with subsequent priority to residents of 7 Iowa, and raises the annual grant limitation from $4,000 to 8 $7,500 and the total grant limitation over a five-year period 9 from $20,000 to $37,500. 10 Currently, priority is given to residents of Iowa. 11 -2- LSB 1103XS (4) 89 kh/jh 2/ 2