093_SB0532 LRB093 10028 NHT 10279 b 1 AN ACT concerning education. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 5. The Higher Education Student Assistance Act 5 is amended by adding Section 65.67 as follows: 6 (110 ILCS 947/65.67 new) 7 Sec. 65.67. Teaching Fellows Program. 8 (a) In this Section: 9 "Completion of the Program" means graduation from a 10 public university in this State. 11 "Program" means the Teaching Fellows Program. 12 "Teacher-training institution" means a public university 13 in this State. 14 "Teaching certificate" means an initial teaching 15 certificate issued under Article 21 of the School Code. 16 (b) A Teaching Fellows Program shall be established and 17 administered by the Commission. Under the Program, the 18 Commission shall provide scholarship loans of $6,500 per 19 person per year, subject to a separate appropriation made for 20 such purposes, to college juniors and seniors in this State 21 who are interested in preparing to teach in the public 22 schools of this State and who have been accepted into an 23 approved teacher preparation program leading to initial 24 certification. The Commission shall adopt stringent 25 standards, including without limitation a minimum grade point 26 average, for awarding these scholarship loans to ensure that 27 only the top college juniors and seniors receive them. 28 (c) The Commission shall administer the Program in 29 cooperation with teacher-training institutions. Teaching 30 fellows shall be required to be exposed to a range of 31 extra-curricular activities while in college. These -2- LRB093 10028 NHT 10279 b 1 activities must be geared to instilling a strong motivation 2 not only to remain in teaching but also to provide leadership 3 to schools. 4 (d) The Commission shall make an effort to identify and 5 encourage minority students and students who may not 6 otherwise consider a career in teaching to enter the Program. 7 (e) A scholarship loan under the Program shall be 8 evidenced by a note made payable to the Commission and shall 9 bear interest at a rate determined by the Commission, but not 10 exceeding the highest rate applicable for education loans 11 made pursuant to Title IV, Part B of the Higher Education Act 12 of 1965 beginning September 1 after completion of the Program 13 or immediately after termination of the scholarship loan, 14 whichever is earlier. The scholarship loan may be terminated 15 by the recipient withdrawing from an approved teacher 16 preparation program or by the recipient not meeting the 17 standards set by the Commission. 18 (f) The Commission shall forgive a scholarship loan if: 19 (1) within 7 years after receiving a teaching 20 certificate, the recipient teaches for 4 years in a 21 public school in this State; 22 (2) within 7 years after receiving a teaching 23 certificate, the recipient teaches for 3 consecutive 24 years, unless the recipient takes an approved leave of 25 absence, in a public school in this State in a local 26 school administrative unit that, at the time the 27 recipient accepts employment with the unit, is a 28 low-performing school system or has been placed on 29 warning status as defined by the State Board of 30 Education; or 31 (3) the Commission finds that it is impossible for 32 the recipient to teach for the number of years required 33 for forgiveness of the loan because of the death or 34 permanent disability of the recipient. -3- LRB093 10028 NHT 10279 b 1 A recipient shall continue to be eligible for loan 2 forgiveness under this subsection (f) even if the recipient 3 fails to meet the time limits imposed by this subsection (f) 4 if the recipient (i) enrolls on a full-time basis as a 5 graduate student in a course of study related to the field of 6 teaching at an institution of higher learning; (ii) is 7 serving as a member of the armed services of the United 8 States; (iii) is seeking and unable to find full-time 9 employment as a teacher at a public school in this State and 10 is able to provide evidence of this fact; or (iv) is 11 temporarily disabled, as evidenced by sworn affidavit of a 12 qualified physician. Any such extension of the period during 13 which the teaching obligation must be fulfilled shall be 14 subject to limits of duration as established by the 15 Commission. 16 (g) If a recipient of a scholarship loan fails to 17 fulfill the terms set forth in subsection (f) of this Section 18 for forgiveness of the loan or if the loan is terminated as 19 set forth in subsection (e) of this Section, then the 20 Commission shall require the recipient to repay the amount of 21 the loan received, prorated according to the fraction of the 22 teaching obligation not completed and, if applicable, 23 reasonable collection fees. The Commission is authorized to 24 establish rules relating to its collection activities for 25 repayment of loans. 26 The Commission shall not require the commencement of 27 repayment of a scholarship loan that has not been terminated 28 as set forth in subsection (e) of this Section until, as 29 determined by the Commission, a sufficient amount of time has 30 passed since the recipient received his or her teaching 31 certificate so that the recipient can no longer meet the time 32 limits imposed by subsection (f) of this Section. 33 (h) The Teaching Fellows Revolving Fund is created as a 34 special fund in the State treasury. All funds appropriated -4- LRB093 10028 NHT 10279 b 1 to or otherwise received by the Commission for scholarships, 2 all funds received as repayment of scholarship loans, and all 3 interest earned on these funds, shall be placed in the Fund. 4 All money in the Fund shall be used, subject to 5 appropriation, by the Commission for scholarship loans under 6 the Program. With the prior approval of the General 7 Assembly, the Fund may be used, subject to appropriation, for 8 campus and summer program support and costs related to the 9 disbursement of awards and collection of loan repayments. 10 (i) The administrative costs for the Program shall not 11 exceed 5% of the funds appropriated for the Program. 12 (j) The Commission shall make all necessary and proper 13 rules not inconsistent with this Section for the effective 14 implementation of the Program. 15 Section 90. The State Finance Act is amended by adding 16 Section 5.595 as follows: 17 (30 ILCS 105/5.595 new) 18 Sec. 5.595. The Teaching Fellows Revolving Fund.