The Florida Senate

1009.54  Critical Teacher Shortage Program.--There is created the Critical Teacher Shortage Program. Funds appropriated by the Legislature for the program shall be deposited in the State Student Financial Assistance Trust Fund. The Chief Financial Officer shall authorize expenditures from the trust fund upon receipt of vouchers approved by the Department of Education for the critical teacher shortage programs established in s. 1009.57, s. 1009.58, or s. 1009.59 The Chief Financial Officer shall also authorize expenditures from the trust fund for the "Chappie" James Most Promising Teacher Scholarship Loan Program and the Critical Teacher Shortage Scholarship Loan Program recipients who participated in these programs prior to July 1, 1993, provided that such students continue to meet the renewal eligibility requirements that were in effect at the time that their original awards were made. Students who participated in the "Chappie" James Most Promising Teacher Scholarship Loan Program prior to July 1, 1993, shall not have their awards reduced as a result of the addition of new students to the program. All scholarship loan repayments pursuant to s. 1009.57 shall be deposited into the State Student Financial Assistance Trust Fund. Any remaining balance at the end of any fiscal year that has been allocated to the program shall remain in the trust fund and be available for the individual programs in future years.

History.--s. 432, ch. 2002-387; s. 1956, ch. 2003-261.