Montana HB509 expands eligibility for the Quality Educator Loan Forgiveness Program to include all newly hired quality educators in public schools.
Montana HB509 revises the Quality Educator Loan Forgiveness Program to expand eligibility. Newly hired quality educators in public schools are now eligible, with priority given to those in impacted schools. Eligible educators can receive up to 3 years of state-funded loan repayment assistance and an additional year funded by the school or district, with maximum annual amounts increasing over time. If funds are insufficient, repayment assistance is prorated, prioritizing impacted schools.
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