39.398 History
History: 1999 a. 144.
39.398 Cross-reference
Cross-reference: See also ch.
HEA 14, Wis. adm. code.
39.399
39.399
Teacher loan program. 39.399(1g)(a)
(a) “Rural county" means a county that satisfies all of the following:
39.399(1g)(a)2.
2. Less than 25 percent of persons residing in the county are employed in another county that includes an urbanized area.
39.399(1g)(a)3.
3. Less than 25 percent of persons employed in the county reside in another county that includes an urbanized area.
39.399(1m)
(1m) The board shall establish a teacher loan program for students who meet all of the following requirements:
39.399(1m)(a)
(a) 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.
39.399(1m)(b)
(b) 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.
39.399(1m)(c)
(c) Have a grade point average of at least 3.0 on a 4-point scale or the equivalent.
39.399(2)
(2) A student eligible for a loan under sub.
(1m) 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.
39.399(3)(a)(a) Loans under sub.
(1m) shall be made from the appropriation under s.
20.235 (1) (ct). Except as provided in par.
(b), loans under sub.
(1m) shall be repaid at an annual interest rate of 5 percent.
39.399(3)(b)
(b) The board shall forgive 25 percent of the loan and 25 percent of the interest on the loan for each school year the recipient satisfies all of the following:
39.399(3)(b)1.
1. The recipient is employed, as a full-time teacher in a high-demand area related to the recipient's discipline under sub.
(1m) (b), by a public or private elementary or secondary school in the city of Milwaukee or in a school district in a rural county.
39.399(3)(b)2.
2. The recipient receives a rating of proficient or distinguished on the educator effectiveness system or the equivalent in a school that does not use the educator effectiveness system.
39.399(4)
(4) The board shall deposit in the general fund as general purpose revenue-earned all repayments of loans made under sub.
(1m) and the interest on the loans.
39.399 History
History: 2015 a. 55,
359.
39.40
39.40
Minority teacher loan program. 39.40(1)(1)
In this section “minority student" means a student who is any of the following:
39.40(1)(d)
(d) A person of Asian or Pacific Island origin.
39.40(1)(e)
(e) A person whose ancestry includes 2 or more races.
39.40(2)
(2) The board shall establish a loan program for minority students who meet all of the following requirements: