Sec. 10a-169b. Information technology loan reimbursement pilot program.
Sec. 10a-169b. Information technology loan reimbursement pilot program.
(a) There is established an information technology loan reimbursement pilot program
administered by the Department of Higher Education.
(b) Within available appropriations, the program shall provide a student loan reimbursement grant for persons who meet the eligibility requirements for the information
technology scholarship program pursuant to section 10a-169a, and (1) attended an institution of higher education in this state, (2) majored in an information technology related
field, and (3) are newly employed on or after January 1, 2001, by a company in this
state in an information technology related position.
(c) Persons who qualify under subsection (b) of this section and meet any additional
requirements established by the Department of Higher Education pursuant to this subsection shall be reimbursed on an annual basis for qualifying student loans. Such reimbursement shall not exceed two thousand five hundred dollars for each year of employment and for no more than a total of two years per person. A person qualifying under
subsection (b) of this section shall only be reimbursed if such person is employed by a
qualifying company at the time of application for loan reimbursement pursuant to this
section. The Department of Higher Education may develop additional eligibility requirements for recipients. Such requirements may include income guidelines. Persons may
apply for grants to the Department of Higher Education at such time and in such manner
as the Commissioner of Higher Education prescribes.
(d) The recipients of reimbursements pursuant to this section for the fiscal year
ending June 30, 2002, shall constitute a cohort and reimbursements for succeeding years
shall only be available for members of such cohort.
(e) Any unexpended funds appropriated for purposes of this section shall not lapse at
the end of the fiscal year but shall be available for expenditure during the next fiscal year.
(f) For the fiscal year ending June 30, 2001, the Department of Higher Education
may use up to five per cent of the funds appropriated for purposes of this section for
program administration, promotion and recruitment activities.
(P.A. 00-187, S. 31, 75; P.A. 01-173, S. 39, 67; June Sp. Sess. P.A. 01-1, S. 40, 54.)
History: P.A. 00-187 effective July 1, 2000; P.A. 01-173 amended Subsec. (b) to make a technical change, effective
July 1, 2001; June Sp. Sess. P.A. 01-1 amended Subsec. (b) to apply the eligibility requirements for the information
technology scholarship program pursuant to Sec. 10a-169a to the loan program, to require attendance at an institution "in
this state", to change the employment requirement by allowing employment for a company in this state in an information
technology related position rather than an electronic commerce or information technology intensive company, and amended
Subsec. (c) to require persons to meet any additional requirements established by the department, to eliminate limitation
on reimbursement to an amount equal to the loan payments made by the person for the previous taxable year and apply
only the existing cap of $2,500, to require the person to be employed by a qualifying company at the time of application, to
change "shall develop eligibility requirements" to "may develop additional eligibility requirements" and to make technical
changes, effective July 1, 2001.
See Secs. 32-8a, 32-8b re duties of Commissioner of Economic and Community Development with respect to this
program and cooperative internship program for students majoring in information technology fields.