Sec. 10a-170i. Loan repayment. Loan forgiveness provisions.
Sec. 10a-170i. Loan repayment. Loan forgiveness provisions. (a) Loan repayment and interest charges shall commence twelve months after the loan recipient has
terminated full-time student status or five years after initial receipt of a loan under this
program whichever occurs first, except as provided in section 10a-170k. Each recipient
who renders services as a certified teacher in a Connecticut public elementary or secondary school or nonpublic elementary or secondary school approved by the State Board
of Education shall have the loan forgiven based upon the following schedule: Ten per
cent forgiveness of the total amount borrowed upon the completion of one year of teaching in such a school on a full-time basis; twenty-five per cent forgiveness of the total
amount borrowed upon the completion of two years of teaching in such a school on a
full-time basis; forty-five per cent forgiveness of the total amount borrowed upon the
completion of three years of teaching in such a school on a full-time basis; seventy per
cent forgiveness of the total amount borrowed upon the completion of four years of
teaching in such a school on a full-time basis; and one hundred per cent forgiveness
upon the completion of five years of teaching in such a school on a full-time basis. The
superintendent of public schools or the director of a nonpublic school or the person
holding an equivalent position, who employs such teacher shall certify annually to the
Commissioner of Higher Education or a designee of the commissioner that the loan
recipient has taught that year in a Connecticut public or nonpublic elementary or secondary school.
(b) A recipient who teaches in a priority school district as designated by the state
Department of Education pursuant to section 10-266p of the general statutes, revision
of 1958, revised to 1991, shall have a loan under this program forgiven as follows:
Thirty per cent forgiveness of the total amount borrowed upon completion of one year
of teaching; sixty per cent forgiveness of the total amount borrowed upon completion
of two years of teaching; and one hundred per cent forgiveness upon the completion of
three years of teaching.
(c) Notwithstanding the provisions of subsections (a) and (b) of this section, students
who receive loans for one academic year only shall have their loans forgiven as follows:
Thirty per cent forgiveness of the total amount borrowed upon the completion of one
year of teaching; sixty per cent forgiveness of the total amount borrowed upon the
completion of two years of teaching; and one hundred per cent forgiveness of the total
amount borrowed upon the completion of three years of teaching. Recipients who receive
loans for one academic year only and who teach in a priority school district as designated
by the state Department of Education pursuant to section 10-266p of the general statutes,
revision of 1958, revised to 1991, shall have their loans forgiven as follows: Forty
per cent forgiveness of the total amount borrowed upon the completion of one year of
teaching; and one hundred per cent forgiveness upon the completion of two years of
teaching. If a recipient has taught in a priority school district and in a nonpriority school
district, the Department of Higher Education shall formulate an appropriate forgiveness
schedule.
(P.A. 84-513, S. 5, 10; May Sp. Sess. P.A. 86-1, S. 42, 58; P.A. 92-262, S. 35, 42.)
History: May Sp. Sess. P.A. 86-1 added Subsecs. (b) and (c) to provide forgiveness schedules for recipients who teach
in priority school districts and for those who receive loans for one academic year only and made technical changes in
Subsec. (a); P.A. 92-262 made a technical change.