§ 30706. Loan Assumption Agreements.
5 CA ADC § 30706Barclays Official California Code of Regulations
5 CCR § 30706
§ 30706. Loan Assumption Agreements.
(C) complete coursework and training necessary to obtain an initial teaching credential other than an emergency credential which requires receipt of a baccalaureate degree and completion of a Commission on Teacher Credentialing approved program of professional teacher preparation which includes a student teaching requirement and authorizes service for K-12 grades; and
(E) teach on a full-time basis in a subject area that is designated as a current or projected shortage area or at an eligible school, as designated on the Loan Assumption Agreement, for four consecutive school years on a full-time basis, or on a part-time basis for the equivalent of four full-time school years, beginning the first school year of eligible teaching service within thirty-six (36) months after obtaining an initial teaching credential.
(C) teach in a subject area that is designated as a current or projected shortage area or at an eligible school for four consecutive school years on a full-time basis or on a part-time basis for the equivalent of four full-time school years beginning the first school year of eligible teaching within thirty-six (36) months after obtaining an initial teaching credential; and
(A) after the program participant has obtained an initial teaching credential and provide the first full school year of eligible full-time teaching service in K-12 grade at an eligible school within thirty-six (36) months from the date the individual becomes eligible to receive their initial teaching credential; and
(B) after the program participant has completed one school year of teaching on a full-time basis in a subject that was designated as a current or projected shortage area at the time of application or at an eligible school, the Commission shall assume, subject to the requirements of section 30707, up to two thousand dollars ($2,000) of the outstanding liability of the program participant under one or more of the designated loan programs; and
(C) after the program participant has completed two consecutive school years of teaching on a full-time basis in a subject that was designated as a current or projected shortage area at the time of application or at an eligible school, the Commission shall assume, subject to the terms of section 30707, up to an additional three thousand dollars ($3,000) of the outstanding liability of the program participant under one or more of the designated loan programs, for a total loan assumption of up to five thousand dollars ($5,000); and
(D) after the program participant has completed three consecutive school years teaching on a full-time basis in a subject that is designated as a current or projected shortage area at the time of application or at an eligible school, the Commission shall assume, subject to the terms of section 30707, up to an additional three thousand dollars ($3,000) of the outstanding liability of the program participant under one or more of the designated loan programs, for a total loan assumption of up to eight thousand dollars ($8,000); and
(E) after the program participant has completed four consecutive school years teaching on a full-time basis in a subject that is designated as a current or projected shortage area at the time of application or at an eligible school, the Commission shall assume, subject to the terms of section 30707, up to an additional three thousand dollars ($3,000) of the outstanding liability of the program participant under one or more of the designated loan programs, for a total loan assumption of up to eleven thousand dollars ($11,000); and
(A) after the program participant has completed one school year of teaching on a full-time basis, or on a part-time basis for the equivalent of one full-time school year, in a subject that was designated as a current or projected shortage area at the time of application, at a public school ranked in the lowest two deciles on the Academic Performance Index, or at an eligible school, pursuant to the designated teaching service area indicated on the signed loan assumption agreement the Commission shall assume, subject to the requirements of section 30707, up to two thousand dollars ($2,000) of the outstanding liability of the program participant under one or more of the designated loan programs; and
(B) after the program participant has completed two consecutive school years of teaching on a full-time basis, or on a part-time basis for the equivalent of two full-time school years, in a subject that was designated as a current or projected shortage area at the time of application, at a public school ranked in the lowest two deciles on the Academic Performance Index, or at an eligible school, pursuant to the designated teaching service area indicated on the signed loan assumption agreement the Commission shall assume, subject to the terms of section 30707, up to an additional three thousand dollars ($3,000) of the outstanding liability of the program participant under one or more of the designated loan programs, for a total loan assumption of up to five thousand dollars ($5,000); and
(C) after the program participant has completed three consecutive school years teaching on a full-time basis, or on a part-time basis for the equivalent of three full-time school years, in a subject that is designated as a current or projected shortage area at the time of application, at a public school ranked in the lowest two deciles on the Academic Performance Index, or at an eligible school, pursuant to the designated teaching service area indicated on the signed loan assumption agreement the Commission shall assume, subject to the terms of section 30707, up to an additional three thousand dollars ($3,000) of the outstanding liability of the program participant under one or more of the designated loan programs, for a total loan assumption of up to eight thousand dollars ($8,000); and
(D) after the program participant has completed four consecutive school years teaching on a full-time basis, or on a part-time basis for the equivalent of four full-time school years, in a subject that is designated as a current or projected shortage area at the time of application , at a public school ranked in the lowest two deciles on the Academic Performance Index, or at an eligible school, pursuant to the designated teaching service area indicated on the signed loan assumption agreement the Commission shall assume, subject to the terms of section 30707, up to an additional three thousand dollars ($3,000) of the outstanding liability of the program participant under one or more of the designated loan programs, for a total loan assumption of up to eleven thousand dollars ($11,000); and
1. Up to one thousand dollars ($1,000) of additional liability per eligible school year of full-time teaching or equivalent on a part-time basis shall be assumed for persons who teach in schools in the lowest 60th percentile of the Academic Performance Index rating up to a maximum of four years; and
2. Up to one thousand dollars ($1,000) of additional liability per eligible school year of full-time teaching or the equivalent on a part-time basis shall be assumed for persons who teach in schools in the lowest 20th percentile of the Academic Performance Index rating up to a maximum of four years; and
(c) For subsections (b)(4)(F) and (b)(5)(E) of this section, the Commission shall make payments after all documentation is received to establish eligibility. The Commission will make payments in the order received until the five million dollars authorized has been expended, or to the extent that additional funding is authorized per the annual Budget Act.
(d) The loan assumption agreement shall constitute a conditional award that may be redeemed with the Commission as specified in section 30707. A program participant in this program shall not receive more than one loan assumption agreement. A prior participant who holds an invalid award may reapply for the program and be accepted into the program under a new loan assumption agreement if he or she meets program eligibility.
(4) Loans which are eligible for total or partial cancellation under state or federal provisions will never be eligible for assumption under the program even if the individual does not apply for the cancellation benefits or does not qualify for the benefits during subsequent years of eligible teaching service (e.g., Perkins Loans pursuant to the provisions of the Code of Federal Regulations, Title 34, Subtitle B, Chapter VI, Part 674, Subpart D, which is incorporated into this section by reference); and
(7) If the program participant fails to comply with any procedures deemed necessary and appropriate by the Commission, all conditions cited in the Loan Assumption Agreement and all applicable rules and regulations that the Loan Assumption Agreement will become invalid and the program participant will be withdrawn from the program; and
Credits
Note: Authority cited: Section 69615, Education Code. Reference: Sections 69613.4, 69613.6 and 69613.8, Education Code.
History
1. New section filed 10-13-88; operative 11-12-88 (Register 88, No. 43).
2. Amendment of subsection (b)(1), repealer of subsection (b)(2) and subsection renumbering filed 6-7-99; operative 7-7-99 (Register 99, No. 24).
3. Repealer and new section filed 1-21-2010; operative 1-21-2010 pursuant to Government Code section 11343.4 (Register 2010, No. 4).
This database is current through 4/26/24 Register 2024, No. 17.
Cal. Admin. Code tit. 5, § 30706, 5 CA ADC § 30706
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