HB1247: Mississippi Dyslexia Education Loan Repayment Program; establish in place of forgivable loan program and prescribe requirements of eligibility.

Legislative Summary

An Act To Amend Section 37-106-71, Mississippi Code Of 1972, To Transition The "mississippi Dyslexia Education Forgivable Loan Program" To A Loan Repayment Program To Be Administered By The Mississippi Postsecondary Education Financial Assistance Board; To Provide That Eligibility Is Limited To Students Who Have Graduated With A Master's Degree In Dyslexia Therapy From An Accredited Institution Of Higher Learning Approved By The State Department Of Education; To Provide Additional Residency Requirements As Well As Requirements For Full-time Employment As A Licensed Dyslexia Therapist Providing Dyslexia Instruction Or Clinical Service In A Public School Or Charter School, School District, Or Nonpublic School Approved By The State Department Of Education; To Require Recipients To Have An Outstanding Qualifying Educational Loan Received Prior And Not In Default Or Delinquent On Any Existing Educational Loan; To Provide The Awards Shall Be Issued On A First-come, First-served Basis, And Shall Be Capped At $6,000.00 Per Year For Each Year Of Employment Up To A Maximum Of Three Years, To Prescribe Additional Criteria Required By The Mississippi Postsecondary Education Financial Assistance Board For Administration Of The Loan Repayment Program; And For Related Purposes.