161.032 Certification incentive fund -- Purpose of grants -- Eligibility -- Priorities --
523 words·~2 min read·
/ky/161-032A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Forgivable loan incentive -- Stipend -- Other financial incentives.
(a)There is hereby created a certification incentive fund in the State Treasury to
be administered by the Education Professional Standards Board. The fund
shall provide grants to eligible recipients for conducting institutes as described
in KRS 161.048(8), including the costs of salaries of institute instructors,
consultants, materials, stipends and loans to participants, other costs
associated with the institutes, and costs of assistance to teachers throughout
their first year of teaching.
(b)Eligible recipients of grant funds may be nonprofit organizations, institutions,
and agencies, including but not limited to postsecondary education
institutions, school districts, education cooperatives, and consortia of school
districts.
(c)The Education Professional Standards Board shall promulgate administrative
regulations establishing standards and procedures for the grant program,
including minimal participation levels and maximum grant awards.
(a)The Education Professional Standards Board shall determine priority for
specific institutes.
(b)The board shall request proposals and approve at least one
(1)summer
institute for the purpose described in paragraph
(a)of this subsection each
academic year. The institute shall be a minimum of ninety
(90)clock hours,
based on six
(6)hour days for a three
(3)week period.
(c)Each individual who completes a summer institute shall have additional hours
of formal instruction or assistance during the first year of teaching to reach the
minimum number of clock hours as required in KRS 161.048(8)(b).
(d)The candidate shall be assigned a teacher mentor by the grant recipient the
first year of teaching. Payment of the teacher mentor shall be from the grant
provided under subsection
(1)of this section.
(a)Individuals who are accepted into an institute shall be provided a forgivable
loan incentive at the beginning of the institute to encourage their participation.
The amount of the forgivable loan shall be determined by the Education
Professional Standards Board. The loan shall be forgiven if the participant
teaches in a Kentucky public or Kentucky Board of Education certified
nonpublic school for one
(1)year within the three
(3)years following the
awarding of the loan.
(b)If an individual does not successfully complete the institute or teach in a
qualifying Kentucky school, the loan must be repaid according to procedures
promulgated in administrative regulation by the Kentucky Higher Education
Assistance Authority.
(c)The Education Professional Standards Board shall enter into a memorandum
of understanding with the Kentucky Higher Education Assistance Authority to
administer the forgivable loan incentive under this section. Based on the
memorandum of understanding, the authority may retain a portion of the
funds for administering the forgivable loan incentive. Funds recovered under
provisions of this section, minus the administrative costs, shall be returned to
the State Treasury.
(4)Each individual who successfully completes a summer institute shall be awarded a
stipend equal to the amount of the forgivable loan as described in subsection
(3)of
this section. The stipend shall be awarded at the end of the institute without
restrictions.
(5)Grant recipients and local school districts may offer financial incentives to potential
participants and individuals who complete an institute from fund sources other than
the grant funds.