2001 Session

Budget Amendments - HB1600 (Member Request)

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Chief Patron: Jackson
Co-Patron(s): Clement, Deeds, Johnson
Rural Teaching Scholarship Grant Program

Item 137 #5h

Item 137 #5h

First Year - FY2001 Second Year - FY2002
Education: Elementary and Secondary
Education, Central Office Operations, Department of FY2001 $0 FY2002 $372,000 GF

Page 123, line 46, strike "$2,020,759" and insert "$2,392,759".
Page 125, after line 26, insert:
"G.  This appropriation includes $372,000 the second year from the general fund for the Virginia Rural Teaching Scholarship Loan Grants Program.  The Department of Education shall provide grants of $37,200 to ten rural school divisions with critical teaching shortages, based on the department's annual assessment of such teaching shortages and the interest of the school division.  The funds shall be used by the local school division to award scholarship loans to students who will agree to teach in the school division upon graduation.  School divisions awarded these grants shall be responsible for recruiting participants and for administering the scholarship loan program.  Scholarship amounts are based on $3,720 per year for full-time students, and shall be prorated for part-time students based on the number of credit hours.  The awarding school division shall be responsible for recovering funds awarded as scholarships or the appropriate proportion thereof in the event that scholarship recipients fail to honor the stipulated teaching obligation.  The recovered funding shall be used by the school division to award another scholarship or the school divisions shall return the funds to the state."

(This amendment would establish a new scholarship loan program to help address teaching shortages in rural areas.)