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Code · Wisconsin · Chapter 39 — Higher educational agencies and education compacts

39.40 Minority teacher loan program.

198 words·~1 min read·/wi/chapter-39/39-40

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39.40 Minority teacher loan program.
(1)In this section “minority student” means a student who is any of the following:
(a)A Black American.
(b)An American Indian or Alaskan native.
(c)A Hispanic, as defined in s. 16.287
(d).
(d)A person of Asian or Pacific Island origin.
(e)A person whose ancestry includes 2 or more races.
(2)The board shall establish a loan program for minority students who meet all of the following requirements:
(am)Are residents of this state enrolled at least half-time as sophomores, juniors, or seniors in an institution of higher education, as defined in 20 USC 1001
(a)and (b), located in this state.
(bm)Are enrolled in programs of study leading to a teacher’s license in a discipline identified as a teacher shortage area for this state by the federal department of education.
(dm)Have a grade point average of at least 3.0 on a 4-point scale or the equivalent.
(2m)A student eligible for a loan under sub.
(2)may be awarded loans of up to $10,000 annually for not more than 3 years, with a maximum of $30,000 in loans to a student under this section.
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