Teacher Recruitment Act of 2002

Summary

Teacher Recruitment Act of 2002 - Amends the Higher Education Act of 1965 (HEA) to establish new programs for teacher student loan forgiveness, under the guaranteed loan program and the direct loan program. Makes eligible for such student loan forgiveness any new borrower on or after October 1, 1998, who is: (1) employed as a full-time teacher in a public elementary or secondary school in an economically disadvantaged or depressed and underserved rural area; (2) State-certified or State-licensed to teach, and in compliance with State or local accountability standards; and (3) not in default on the loan. Directs the Secretary to establish a formula that ensures fairness and equality for applicants in the selection of borrowers for such loan repayment under this section, based on the amount available. Limits the portion of the outstanding loan obligation which the Secretary may repay to 15 percent for the first or second year of such service, 20 percent for the third or fourth year, and 30 percent for the fifth year.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 16 July 2002

   Introduced

   Referred to the House Committee on Education and the Workforce.

   Source: IntroReferral

2. 16 July 2002

   Introduced

   Introduced in House

   Source: IntroReferral

3. 16 July 2002

   Introduced

   Introduced in House

   Source: IntroReferral

4. 18 October 2002

   Referred

   Referred to the Subcommittee on 21st Century Competitiveness.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 16 July 2002 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 16 July 2002

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 16 July 2002

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 16 July 2002

  Open at official source

Sponsors

• Del. Christensen, Donna M. [D-VI-At Large] · D · Sponsor
• · hsed00 · Standing

Related records

No cross-record relationships stored yet.