Establishes a teacher loan forgiveness program in Hawaii for full-time teachers in public schools.
The bill creates a teacher loan forgiveness program in Hawaii, administered by the Department of Education in partnership with a local financial institution. It appropriates funds for fiscal years 2025-2026 and 2026-2027 to forgive loans for teachers who commit to full-time positions in the Hawaii public school system for two years. Priority is given to applicants willing to teach in rural areas. Applicants must hold a license from the Hawaii Teacher Standards Board and submit an application within the first year of employment.
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