6 | 4 | | AN ACT |
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7 | 5 | | relating to the Math and Science Scholars Loan Repayment Program. |
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8 | 6 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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9 | 7 | | SECTION 1. Section 61.9831, Education Code, is amended to |
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10 | 8 | | read as follows: |
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11 | 9 | | Sec. 61.9831. LOAN REPAYMENT ASSISTANCE AUTHORIZED. The |
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12 | 10 | | board shall provide, in accordance with this subchapter and board |
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13 | 11 | | rules, assistance in the repayment of eligible student loans for |
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14 | 12 | | eligible persons who agree to teach mathematics or science for a |
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15 | 13 | | specified period in schools [school districts] that receive federal |
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16 | 14 | | funding under Title I, Elementary and Secondary Education Act of |
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17 | 15 | | 1965 (20 U.S.C. Section 6301 et seq.). |
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18 | 16 | | SECTION 2. Sections 61.9832(a) and (c), Education Code, are |
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19 | 17 | | amended to read as follows: |
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20 | 18 | | (a) To be eligible to receive loan repayment assistance |
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21 | 19 | | under this subchapter, a person must: |
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22 | 20 | | (1) apply annually for the loan repayment assistance |
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23 | 21 | | in the manner prescribed by the board; |
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24 | 22 | | (2) be a United States citizen; |
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25 | 23 | | (3) have completed an undergraduate or graduate |
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26 | 24 | | program in mathematics or science; |
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27 | 25 | | (4) have a cumulative grade point average of at least |
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28 | 26 | | 3.5 on a four-point scale or the equivalent; |
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29 | 27 | | (5) be: |
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30 | 28 | | (A) certified under Subchapter B, Chapter 21, to |
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31 | 29 | | teach mathematics or science in a public school in this state; or |
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32 | 30 | | (B) teaching under a probationary teaching |
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33 | 31 | | certificate [be enrolled in an educator preparation program to |
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34 | 32 | | obtain that certification that is accredited by the State Board for |
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35 | 33 | | Educator Certification and is provided by an institution of higher |
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36 | 34 | | education or by a private or independent institution of higher |
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37 | 35 | | education in this state]; |
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38 | 36 | | (6) have been employed for at least one year as a |
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39 | 37 | | teacher teaching mathematics or science at a public school [located |
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40 | 38 | | in a school district] that receives funding under Title I, |
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41 | 39 | | Elementary and Secondary Education Act of 1965 (20 U.S.C. Section |
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42 | 40 | | 6301 et seq.); |
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43 | 41 | | (7) not be in default on any other education loan; |
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44 | 42 | | (8) not receive any other state or federal loan |
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45 | 43 | | repayment assistance, including a Teacher Education Assistance for |
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46 | 44 | | College and Higher Education (TEACH) Grant or teacher loan |
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47 | 45 | | forgiveness; |
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48 | 46 | | (9) enter into an agreement with the board under |
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49 | 47 | | Subsection (c); and |
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50 | 48 | | (10) comply with any other requirement adopted by the |
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51 | 49 | | board under this subchapter. |
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52 | 50 | | (c) To receive loan repayment assistance under this |
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53 | 51 | | subchapter, a person must enter into an agreement with the board |
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54 | 52 | | that includes the following provisions: |
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55 | 53 | | (1) the person will accept an offer of full-time |
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56 | 54 | | employment to teach mathematics or science, as applicable based on |
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57 | 55 | | the person's certification, in a public school [located in a school |
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58 | 56 | | district] that receives funding under Title I, Elementary and |
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59 | 57 | | Secondary Education Act of 1965 (20 U.S.C. Section 6301 et seq.); |
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60 | 58 | | (2) the person will complete four consecutive years of |
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61 | 59 | | employment as a full-time classroom teacher in a school described |
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62 | 60 | | by Subdivision (1) whose primary duty is to teach mathematics or |
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63 | 61 | | science, as applicable, based on the person's certification; |
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64 | 62 | | (3) beginning with the school year immediately |
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65 | 63 | | following the last of the four consecutive school years described |
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66 | 64 | | by Subdivision (2), the person will complete four additional |
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67 | 65 | | consecutive school years teaching in any public school in this |
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68 | 66 | | state; and |
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69 | 67 | | (4) the person acknowledges the conditional nature of |
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70 | 68 | | the loan repayment assistance. |
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71 | 69 | | SECTION 3. Section 61.9837(b), Education Code, is amended |
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72 | 70 | | to read as follows: |
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73 | 71 | | (b) The fund is a dedicated account in the general revenue |
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74 | 72 | | fund and consists of: |
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75 | 73 | | (1) gifts, grants, and other donations received for |
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76 | 74 | | the fund; [and] |
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77 | 75 | | (2) any amounts appropriated by the legislature for |
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78 | 76 | | the fund; and |
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79 | 77 | | (3) interest and other earnings from the investment of |
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80 | 78 | | the fund. |
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81 | 79 | | SECTION 4. Sections 61.9839(a) and (b), Education Code, are |
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82 | 80 | | amended to read as follows: |
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83 | 81 | | (a) An eligible person may continue to receive loan |
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84 | 82 | | repayment assistance if the person continues to teach in a public |
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85 | 83 | | school that receives funding under Title I, Elementary and |
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86 | 84 | | Secondary Education Act of 1965 (20 U.S.C. Section 6301 et seq.), |
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87 | 85 | | [described by Section 61.9832(a)(7)] after the first four years of |
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88 | 86 | | teaching service required [for eligibility] under Section |
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89 | 87 | | 61.9832(c)(2). |
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90 | 88 | | (b) If an eligible person transfers to a public school |
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91 | 89 | | [located in a school district] that does not receive funding under |
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92 | 90 | | Title I, Elementary and Secondary Education Act of 1965 (20 U.S.C. |
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93 | 91 | | Section 6301 et seq.), after the first four years required for |
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94 | 92 | | eligibility under Section 61.9832(c)(2), the person may not receive |
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95 | 93 | | more than 75 percent of the maximum annual amount of the loan |
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96 | 94 | | repayment assistance as determined by the board. |
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97 | 95 | | SECTION 5. Section 61.9837(f), Education Code, is repealed. |
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98 | 96 | | SECTION 6. The changes in law made by this Act apply only to |
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99 | 97 | | a loan repayment assistance agreement entered into under Subchapter |
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100 | 98 | | II, Chapter 61, Education Code, as added by Chapter 1229 (S.B. |
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101 | 99 | | 1720), Acts of the 83rd Legislature, Regular Session, 2013, on or |
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102 | 100 | | after the effective date of this Act. A loan repayment assistance |
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103 | 101 | | agreement entered into before the effective date of this Act is |
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104 | 102 | | governed by the law in effect immediately before that date, and the |
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105 | 103 | | former law is continued in effect for that purpose. |
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106 | 104 | | SECTION 7. This Act takes effect immediately if it receives |
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107 | 105 | | a vote of two-thirds of all the members elected to each house, as |
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108 | 106 | | provided by Section 39, Article III, Texas Constitution. If this |
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109 | 107 | | Act does not receive the vote necessary for immediate effect, this |
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110 | 108 | | Act takes effect September 1, 2015. |
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