ARTICLE 5. Assumption Program of Loans for Education
Heading of Article 5 renumbered from Article 6.5 by Stats. 1993, Ch. 8, Sec. 19.
§§ 69612–69615.8 · 13 sections
- § 69612 (a) The Legislature finds and declares all of the following: (1) The growing shortage of high-quality teachers is most serious in particular subject areas,…
- § 69612.5 For purposes of this article, the following terms have the following definitions: (a) “Eligible institution” means a postsecondary institution that is…
- § 69613 (a) Program participants shall meet all of the following eligibility criteria prior to selection in the program and shall continue to meet these criteria, as…
- § 69613.1 On or before January 1 of each year, the Superintendent of Public Instruction shall furnish the commission with all of the following: (a) A list of teaching…
- § 69613.2 The commission shall commence loan assumption payments, as specified in Section 69613.4, upon verification that the applicant has fulfilled all of the…
- § 69613.4 (a) The terms of a loan assumption granted under this article shall be as follows, subject to the specific terms of each agreement: (1) After a program…
- § 69613.6 (a) Except as provided in subdivision (b), if a program participant fails to complete a minimum of four consecutive school years of classroom instruction on a…
- § 69613.7 (a) For the purposes of this article, “subject matter shortage area” may not be construed to include teaching in a self-contained classroom or teaching…
- § 69613.8 In addition to the amounts set forth in subdivision (a) of Section 69613.4, for each of the four years of classroom instruction referenced in subdivision (a)…
- § 69614 (a) The commission shall distribute program information and student applications to participate in the loan assumption program to each eligible institution and…
- § 69615 (a) The commission shall administer this article, and shall adopt rules and regulations for that purpose. The rules and regulations shall include, but need not…
- § 69615.6 (a) For each school year, all of the following shall apply: (1) The commission shall enter into agreements for the assumption of up to 6,500 student loans for…
- § 69615.8 Notwithstanding any other law, in any fiscal year, the commission shall award no more than the number of loan assumption agreements that are authorized by the…