reglab/statecodes huggingface dataset:
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 9 - Wisconsin academic excellence scholarship › Section HEA 9.02 - Definitions

Current through June 24, 2024
In this chapter:
(1)
			 "GPA" means the cumulative grade point average, as it is normally determined by
			 each high school.
(2) "High school"
			 means a Wisconsin school with grades 9-12 which is recognized by the Wisconsin
			 department of public instruction.
(3) "Institution" means a public or private
			 non-profit institution of higher education in Wisconsin which is accredited by
			 a national or state accrediting agency, and which has signed a participation
			 agreement with the higher educational aids board in accordance with s.
			 39.41(5) (a),
			 Stats.
(4) "Scholar" means a
			 student determined to be eligible to receive a monetary award under the
			 academic excellence scholarship program.
(5) "Scholarship" means the Wisconsin
			 academic excellence scholarship authorized by s.
			 39.41, Stats.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 9 - Wisconsin academic excellence scholarship › Section HEA 9.03 - Scholar qualifications

Current through June 24, 2024
A scholar who is otherwise eligible to receive a monetary award
				under the scholarship program shall receive an award only if all of the
				following apply:
(1) The scholar is a
			 resident of the United States who is either a citizen or an alien lawfully
			 admitted for permanent residence by the federal immigration and naturalization
			 service.
(2) The scholar is a
			 Wisconsin resident according to the residency standards of s.
			 36.27, Stats.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 9 - Wisconsin academic excellence scholarship › Section HEA 9.04 - Naming the scholar

Current through June 24, 2024
(1) The number of scholarships available to
			 each high school shall be based on the enrollment in that school as of the 3rd
			 Friday in September in the academic year in which the scholar is selected. No
			 adjustment shall be made to the number of scholarships available even if the
			 enrollment increases or decreases during the academic year.
(2) Students under ch. 220, Stats., and
			 students participating in the full-time open enrollment program shall compete
			 for the scholarship at the high school they actually attend.
(3) The scholar shall be selected based on
			 the scholar's GPA as it is normally determined by each high school and as shown
			 on the official transcript as of the last day of the last semester that ended
			 just prior to the February 15 deadline.
(4) For purposes of selecting the scholars
			 and alternate scholars, the scholar's and alternate's GPA shall include the
			 same number of places past the decimal that the high school normally uses on
			 the official high school transcript.
(5) No scholarships shall be re-allocated
			 after the February 15 deadline. The school's nominees and alternates are
			 final.
(6) High schools which
			 operate on a tri-mester system shall have 30 days beyond the last day of the
			 2nd tri-mester to submit the name of the scholar.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 9 - Wisconsin academic excellence scholarship › Section HEA 9.05 - High school responsibilities

Current through June 24, 2024
(1) Each school
			 board of the school district, or the governing body of a private high school,
			 shall determine, and have in writing, a policy establishing how long a student
			 must have attended that high school to compete for the scholarship, how the
			 student acquires senior status, and when the student is eligible to compete for
			 the scholarship.
(2) Each school
			 board of the school district, or the governing body of a private high school,
			 shall determine, and have in writing, a policy defining the grading system used
			 in that high school, including whether it is weighted or unweighted, which
			 subjects are included in the GPA on the official high school transcript, how
			 pass-fail grades are incorporated into the GPA, how grades from study abroad or
			 from alternative or home schools are incorporated into the GPA, and how to
			 incorporate grades earned in another country by students with permanent
			 resident status.
(3) The faculty of
			 each high school shall determine, and have in writing, a policy that describes
			 the tie breaking procedures and criteria used to determine the scholars and
			 alternates and to put them in rank order.
(4) High schools with fewer than 80 students
			 shall submit to the higher educational aids board the name of the senior with
			 the highest GPA in all subjects by February 15 of each school year. The GPA
			 shall be based on a 4.000 grade point scale with the grade of "A" equaling
			 4.000. Grades shall be unweighted for this GPA and shall be expressed on a
			 4.000 scale. The high schools shall also submit:
(a) A copy of the student's high school
			 transcript.
(b) The student's
			 highest score and percentile ranking earned on the American college test,
			 scholastic aptitude test, or other test required by the Wisconsin institution
			 in which the student intends to enroll.
(c) A letter from the student indicating the
			 reasons that the student feels qualified for the scholarship and an intent to
			 attend, by September 30 of the year in which the student graduates from high
			 school, a participating university of Wisconsin institution, a participating
			 private institution of higher education in Wisconsin, or a participating
			 institution in the Wisconsin technical college system.
(d) The secretary shall designate the 10
			 students with the highest GPAs in high schools with fewer than 80 students, as
			 the recipients of the scholarship. In the event of a tie, the secretary shall
			 rank students based on the scores from the American college test, the
			 scholastic aptitude test, or other comparable tests. If a tie remains, the
			 secretary shall rank students based on the content and quality of the students'
			 letters.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 9 - Wisconsin academic excellence scholarship › Section HEA 9.06 - Continuing scholar eligibility

Current through June 24, 2024
(1) To receive an
			 academic scholarship for a second year, the scholar shall have accumulated at
			 least 24 semester credits, or their quarterly equivalent as determined by the
			 higher educational aids board, and have achieved a 3.000 GPA based on a 4.000
			 system.
(2) To receive an academic
			 scholarship for a third year, the scholar shall have accumulated at least 48
			 semester credits, or their quarterly equivalent as determined by the higher
			 educational aids board, and have achieved a 3.000 GPA based on a 4.000
			 system.
(3) To receive an academic
			 scholarship for a fourth year, the scholar shall have accumulated at least 72
			 semester credits, or their quarterly equivalent as determined by the higher
			 educational aids board, and have achieved a 3.000 GPA based on a 4.000
			 system.
(4) The higher educational
			 aids board shall pay to the institution, on behalf of the scholar, the award
			 only for the first or second semester, or first, second, or third quarter of
			 attendance. Awards shall not be made for summer term or other special terms of
			 attendance, nor shall awards be made before the first term of the academic year
			 following the scholar's senior year in which he or she was selected as a
			 recipient.
(5) The scholar shall be
			 enrolled in consecutive regular semester or quarter academic terms to maintain
			 continuing eligibility. Exceptions to consecutive term enrollment, such as for
			 medical reasons or study abroad, shall be considered by the secretary on a case
			 by case basis.
(6) Scholars shall
			 be able to regain eligibility through consecutive term enrollment which could
			 bring their credits earned up to the minimum required or their grade point
			 average to the cumulative minimum of 3.000 or both.
(7) Eligibility for a scholarship ceases when
			 the scholar receives a bachelor's degree.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 9 - Wisconsin academic excellence scholarship › Section HEA 9.07 - Institutional responsibilities

Current through June 24, 2024
(1) The institution
			 shall match the scholarship award provided by the higher educational aids board
			 from its own funds each academic term for each scholar enrolled.
(2) The scholarship shall not replace other
			 need based state grant assistance in the package of financial aid offered to
			 the scholar by the institution.
(3)
			 Funds advanced by the higher educational aids board for scholars who do not
			 enroll shall be promptly returned to the higher educational aids board as soon
			 as it becomes evident to the institution that the scholars will not enroll. The
			 institutions shall also return funds to the higher educational aids board in
			 cases where the scholar withdraws from the institution prior to the end of the
			 institutionally determined refund period. In these instances the institution
			 shall determine the amount to be returned to the higher educational aids board
			 based upon the institution's refund policy.
(4) The institution shall provide the higher
			 educational aids board with the cumulative grade point average and cumulative
			 academic credits earned by each scholar enrolled for all or part of the
			 academic year no later than the July 1st following the end of the academic
			 year. Until this information is certified to the higher educational aids board,
			 the board shall not make any additional payments to the institution on behalf
			 of the scholar.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 10 - Independent student grant › Section HEA 10.02 - Definitions

Current through June 24, 2024
In this chapter:
(1)
			 "Grant" means the independent student grant program.
(2) "Half-time enrollment" means enrollment
			 in at least 6 academic credits per semester or the quarterly equivalent as
			 determined by the educational institution.
(3) "Institution" means an institution of
			 higher education in Wisconsin which provides associate degree or bachelor's
			 degree programs and meets the requirements of s.
			 39.30 or
			 39.45, Stats., for the purpose
			 of awarding grants under those sections.
Reference to "board" refer to the higher educational aids
				  board.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 10 - Independent student grant › Section HEA 10.03 - Student eligibility

Current through June 24, 2024
(1) The student shall be a resident of the
			 United States, either a citizen or an alien lawfully admitted for permanent
			 residence by the federal immigration and naturalization service.
(2) The student shall be a Wisconsin resident
			 as determined by the board using the residency standards of s.
			 36.27, Stats.
(3) The student shall be enrolled at least
			 half-time in an eligible Wisconsin institution in either the second or third
			 year of an associate degree program; or in the junior, senior or fifth year of
			 a bachelor degree program.
(4) The
			 student shall be a recipient of aid to families with dependent children under
			 s. 49.19, Stats., at the time they
			 apply for their initial independent student grant.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 10 - Independent student grant › Section HEA 10.04 - Terms of grants

Current through June 24, 2024
(1) Eligible students may receive up to
			 $4,000 an academic year based upon their financial need as determined through
			 use of the national needs analysis as required in s.
			 39.435, Stats.
(2) The total amount received from the board
			 shall not exceed $12,000 nor may the student receive grant awards for more than
			 3 academic years.
(3) For grants
			 which must be repaid, the interest rate shall be 5% annually on the unpaid
			 principal balance with interest accrual beginning upon the initial date of
			 repayment. Interest shall not accrue during periods of deferment from
			 repayment.
(4) The student may
			 receive a supplemental grant of between $500 and $1,000 per child for child
			 care assistance, based upon the financial need of the student, for each
			 semester during which a dependent preschool age child requires child care. The
			 child care must take place in facilities provided by a child care organization
			 under provisions of ch. DCF 252, and excludes child care provided by relatives
			 or friends of the student. The supplemental grants provided under this
			 subsection are not subject to the repayment provisions of sub. (3).
			 Supplemental grants are not available for the care of children who are enrolled
			 in first grade or higher grades in public or private elementary or secondary
			 schools.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 10 - Independent student grant › Section HEA 10.05 - Application process

Current through June 24, 2024
(1) The institutional financial aid office
			 shall determine the student's cost of education and financial contribution
			 within the requirements set by the board. The institutional financial aid
			 office shall decide if the borrower shall receive a grant.
(2) The institutional aid office shall notify
			 the board of the grant amount for the student. The board shall provide the
			 agreement form to the student after the grant has been approved. The board
			 shall voucher a check for the student's grant after the student's signed
			 agreement form has been received by the board. The agreement form shall set
			 forth the terms of the grant; the terms of repayment; and the student's rights
			 and responsibilities.
(3) All
			 student contact concerning repayment shall be with the board. After leaving
			 school the student is required to maintain contact with the board until the
			 student is no longer liable for repayment as certified to the student by the
			 board. The student shall forward his or her name, address and telephone changes
			 to the board.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 10 - Independent student grant › Section HEA 10.06 - Terms of repayment

Current through June 24, 2024
(1) Repayment of the grant is not required if
			 the student earns an associate or bachelor's degree within 5 years of receiving
			 the last grant award. Students who do not earn either degree, or who leave
			 Wisconsin prior to earning either degree shall repay the grant amounts received
			 with interest. If repayment is required, it is to begin 5 years after receiving
			 the last grant award.
(2) The
			 minimum monthly payment shall be $50 including principal and accrued interest.
			 Accrued interest shall be deducted first from each monthly payment. The board
			 shall determine the monthly repayment schedule, although a student may request
			 a schedule with a higher monthly payment.
(3) A student shall repay the grant within a
			 maximum of 10 years not counting periods of deferment granted by the board.
			 Interest shall not accrue during periods of board authorized
			 deferments.
(4) Students may prepay
			 any or all of their grant account without penalty whether in school, in
			 prepayment or in deferment.
(5) If
			 a student dies, or becomes totally disabled as certified by a physician, his or
			 her obligation to make any further payment of principal and interest on the
			 grant is canceled.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 10 - Independent student grant › Section HEA 10.07 - Deferment of grant repayment for students

Current through June 24, 2024
(1) Students who
			 return to school on at least a half-time basis in any course of study at an
			 accredited institution in any state shall be deferred by the board from
			 repayment for the period of enrollment.
(2) Students who enter the military on active
			 duty shall be deferred by the board from repayment for up to 3 years. Students
			 in the national guard or on reserve duty are not eligible for deferment when
			 the duty is for training purposes.
(3) Students who enter the national health
			 service, peace corps or vista, shall be deferred by the board from repayment
			 for up to 3 years. Employment with similar private agencies is not eligible for
			 deferment unless the agencies are federally tax exempt.
(4) Students who are unemployed shall be
			 deferred from repayment by the board for up to 6 months at a time, as long as
			 they provide proof satisfactory to the board that they are actively seeking
			 employment.
(5) The board shall
			 defer students from repayment for up to 12 months due to pregnancy and
			 childbirth, and including the legal adoption of a child.
(6) The board shall grant forbearance from
			 repayment for the benefit of the student. Forbearance means an extension of
			 time for making grant payments or the acceptance of smaller payments than were
			 previously scheduled. The board may grant forbearance whenever unemployment,
			 health, other personal problems, or academic study that is ineligible for
			 deferment temporarily affects the student's ability to make scheduled payments
			 on the grant.
(7) In order to
			 receive any deferment, a student shall apply to the board. If the student
			 submits written evidence that verifies eligibility for the deferment, the board
			 shall approve the deferment including the amount of time for which the student
			 is determined to be deferrable from repayment.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 11 - Minority teacher loan program › Section HEA 11.02 - Definitions

Current through June 24, 2024
In this chapter:
(1)
			 "Eligible institution" means a non-profit, private institution of higher
			 education in Wisconsin which is accredited by a national or state accrediting
			 agency, and which provides a major in education.
(2) "Loan" means the minority teacher loan
			 program.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 11 - Minority teacher loan program › Section HEA 11.03 - Borrower eligibility

Current through June 24, 2024
(1) The borrower shall be a resident of the
			 United States, either a citizen or an alien lawfully admitted for permanent
			 residence by the federal immigration and naturalization service.
(2) The borrower shall be a Wisconsin
			 resident as determined by the board using the residency standards of s.
			 36.27, Stats.
(3) The borrower shall be enrolled at least
			 half time in an eligible institution in the junior or senior year of a bachelor
			 degree program majoring in education.
(4) The borrower shall have a cumulative 2.5
			 grade point average based on a 4.0 system at the time of receipt of the
			 loan.
(5) The borrower shall not be
			 required to show financial need.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 11 - Minority teacher loan program › Section HEA 11.04 - Terms of loans

Current through June 24, 2024
(1) Eligible borrowers may receive up to
			 $2500 a year. The exact loan amount will be equal to the borrower's cost of
			 education minus the need-based aid the borrower is offered. Loans for students
			 which are need based may be replaced in the package of aid by the minority
			 teacher loan program.
(2) The total
			 the borrower receives under this program shall not exceed $5,000 in outstanding
			 principal.
(3) For loans which are
			 not forgiven but must be repaid, the interest rate shall be 5% annually on the
			 unpaid principal balance with accrual beginning upon the initial date of
			 repayment. Interest shall not accrue during periods of full-time enrollment;
			 employment for forgiveness; or during board authorized periods of deferment
			 from repayment.
(4) The initial
			 date of repayment will be determined by the board in each instance beginning no
			 sooner than the date a borrower withdrew from school or graduated.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 11 - Minority teacher loan program › Section HEA 11.05 - Loan forms and application process

Current through June 24, 2024
(1) A student
			 seeking a loan shall contact the institutional financial aid office.
(2) The institutional financial aid office
			 shall determine the borrower's cost of education within the requirements set by
			 the board. The institutional financial aid office shall decide if the borrower
			 shall receive a loan under this program.
(3) The institutional financial aid office
			 shall notify the board of the loan amount for the borrower. The board shall
			 voucher a check for the borrower's loan after the borrower's signed agreement
			 form has been received by the board. The agreement form shall set forth the
			 terms of the loan; the terms of forgiveness; the terms of repayment; and the
			 borrower's rights and responsibilities.
(4) All borrower contact concerning
			 forgiveness and repayment shall be with the board. After leaving school the
			 borrower shall maintain contact with the board until the loan is either
			 forgiven or repaid. The borrower is required to forward all name, address and
			 telephone number changes to the board.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 11 - Minority teacher loan program › Section HEA 11.06 - Loan forgiveness

Current through June 24, 2024
(1) Loans shall be forgiven when the borrower
			 is employed as a teacher in an eligible Wisconsin school district. For every
			 academic year of full-time employment, 25% of the principal and accrued
			 interest, if any, shall be forgiven, with the amount to be prorated in cases
			 where less time has been worked. The borrower shall be given a maximum of 6
			 years to work the required 4 years for full forgiveness.
(2) The maximum of 6 years allowed for
			 forgiveness shall be extended by the board for up to a total of 3 years for
			 active duty military service; peace corps and vista; and a year for pregnancy,
			 childbirth or the legal adoption of a child or for temporary physical or
			 emotional disability. In no instance shall the term of forgiveness exceed 9
			 years including periods of deferments authorized by the board. The executive
			 secretary may allow additional periods of deferment in exceptional
			 situations.
(3) Any loan principal
			 remaining unforgiven shall be repaid with interest accrued from the date the
			 borrower ceased working as a teacher in Wisconsin or ceased being a student,
			 whichever is the latest date.
(4)
			 Only borrowers holding a bachelor's degree in teaching and licensed by the
			 department of public instruction shall be eligible for forgiveness.
(5) No interest shall be charged the borrower
			 during the forgiveness period.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 11 - Minority teacher loan program › Section HEA 11.07 - Terms of repayment

Current through June 24, 2024
(1) Borrowers shall repay a loan if not
			 employed as a teacher in an eligible Wisconsin school district. Repayment shall
			 be required of borrowers who are employed for periods of time but who do not
			 complete their forgiveness within the time allowed under s.
			 HEA 11.06(1) and
			 (2).
(2) The minimum monthly payment shall be $50
			 including principal and accrued interest. Accrued interest shall be paid first
			 each month from the payment received. The board shall determine the monthly
			 repayment schedule, although a borrower may request a schedule with a higher
			 monthly payment.
(3) A borrower
			 shall repay the loan within a maximum of 10 years not counting periods of
			 deferment granted by the board. Interest shall not accrue during periods of
			 deferment authorized by the board.
(4) Borrowers may prepay any or all of their
			 loan account without penalty whether the borrower is in school, forgiveness,
			 repayment or deferment.
(5) If a
			 borrower dies or becomes totally and permanently disabled, his or her
			 obligation to make any further payment of principal and interest on the loan is
			 canceled.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 11 - Minority teacher loan program › Section HEA 11.08 - Deferment of loan repayment for borrowers

Current through June 24, 2024
(1) Borrowers who
			 return to school on a full-time basis in any course of study at an accredited
			 institution shall be deferred by the board from repayment for the period of
			 enrollment.
(2) Borrowers who enter
			 the military on active duty shall be deferred by the board from repayment for
			 up to 3 years. Students on national guard or on reserve duty for training are
			 not eligible for deferment.
(3)
			 Borrowers who enter the peace corps or vista, shall be deferred by the board
			 from repayment for up to 3 years. Employment with similar private agencies is
			 not eligible for deferment unless the agencies are federally tax
			 exempt.
(4) Borrowers who are
			 unemployed may be deferred from repayment by the board for up to 6 months at a
			 time as long as they provide proof, satisfactory to the board, of actively
			 seeking employment.
(5) The board
			 shall defer borrowers from repayment for up to a year due to pregnancy,
			 childbirth, or the legal adoption of a child.
(6) The board may grant forbearance from
			 repayment for the benefit of the borrower. Forbearance means an extension of
			 time for making loan payments or the acceptance of smaller payments than were
			 previously scheduled. The board may grant forbearance whenever unemployment,
			 health, other personal problems, or educational study that is ineligible for
			 deferment temporarily affects the borrower's ability to make scheduled payments
			 on the loan. Periods of forbearance shall not exceed 6 months for each approved
			 request.
(7) In order to receive a
			 deferment, a borrower shall apply to the board. If the borrower submits written
			 evidence which verifies eligibility for the deferment, the board shall approve
			 the deferment.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 12 - Minority undergraduate grants › Section HEA 12.02 - Student eligibility

Current through June 24, 2024
(1) The student shall be a resident of the
			 United States, either a citizen or an alien lawfully admitted for permanent
			 residence by the federal immigration and naturalization service.
(2) The student shall be a Wisconsin resident
			 as determined by the higher educational aids board using the residency
			 standards of s. 36.27, Stats.
(3) The student shall be enrolled as a
			 sophomore, junior or senior on at least a half-time basis in a technical
			 college system institution established under ch. 38, Stats., or a private
			 non-profit college or university in Wisconsin eligible to participate in the
			 grant program authorized under s.
			 39.30, Stats.
(4) Students with an earned bachelor's degree
			 are not eligible to receive a grant under this program.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 12 - Minority undergraduate grants › Section HEA 12.03 - Grant amount

Current through June 24, 2024
(1) The student's grant award shall not
			 exceed $2,500 per academic year.
(2) A student's grant eligibility shall
			 extend for a maximum of 8 semesters or 12 academic quarters of grant
			 eligibility.
(3) Grants shall be
			 made on the basis of financial need determined by the national needs analysis
			 as used under s. 39.435, Stats.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 13 - Teacher education loan program › Section HEA 13.01 - Purpose

Current through June 24, 2024
To define the various aspects of the Teacher Education Loan
				Program authorized by s.
				39.395, Stats., as created by
				1997 Wis. Act 27, as to the awarding of loans, their forgiveness, or their
				repayment.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 13 - Teacher education loan program › Section HEA 13.02 - Definitions

Current through June 24, 2024
(1) "Board" means the higher educational aids
			 board
(2) "Eligible school
			 district" means the Wisconsin school district operating under ch. 119, Stats.,
			 First Class City School System (currently only the Milwaukee Public
			 Schools).
(3) "Forbearance" means
			 an extension of time for making loan payments or the acceptance of smaller
			 payments than were previously scheduled.
(4) "Loan" means a loan made under the
			 Teacher Education Loan Program.
(5)
			 "MTEC" is the abbreviation for the Milwaukee Teacher Education Center; a
			 non-stock, non-profit corporation organized under ch. 181, Stats.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 13 - Teacher education loan program › Section HEA 13.03 - Borrower eligibility

Current through June 24, 2024
(1) The borrower shall be a resident of the
			 United States either a citizen or an alien lawfully admitted for permanent
			 residence by the federal immigration and naturalization service.
(2) The borrower shall be a Wisconsin
			 resident as determined by the board using the residency standards of s.
			 36.27, Stats.
(3) The borrower shall be enrolled in a
			 teacher education program at MTEC.
(4) The borrower shall not be required to
			 show financial need.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 13 - Teacher education loan program › Section HEA 13.04 - Terms of loan

Current through June 24, 2024
(1) Eligible borrowers shall receive a
			 minimum award of $250. The maximum award amount shall be set annually by the
			 board. The exact amount of the award shall not exceed the borrower's cost of
			 education, as determined by MTEC using recognized federal methodology, minus
			 the need-based aid the borrower is offered. Loans for students that are
			 need-based may be replaced in the package of aid by the Teacher Education
			 Loan.
(2) For loans that are not
			 forgiven and must be repaid, the interest rate shall be 5% annually on the
			 unpaid principal balance with accrual beginning upon the initial date of
			 repayment. Interest shall not accrue during periods of full-time enrollment;
			 employment that qualifies for forgiveness; or during board-authorized periods
			 of deferment from repayment.
(3)
			 The initial date of repayment shall be determined by the board in each instance
			 beginning no sooner than the day after the borrower withdraws or graduates from
			 school.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 13 - Teacher education loan program › Section HEA 13.05 - Application process

Current through June 24, 2024
(1) A borrower seeking a loan shall contact
			 MTEC.
(2) MTEC shall determine the
			 borrower's cost of education within the requirements set by the board. MTEC
			 shall decide if the borrower shall receive a loan under this program.
(3) MTEC shall notify the board of the loan
			 amount for the borrower. The board shall issue a check for the borrower's loan
			 after the borrower's signed agreement form has been received by the
			 board.
(4) All borrower's contact
			 concerning forgiveness and repayment shall be with the board. After leaving
			 MTEC the borrower shall maintain written annual contact with the board until
			 the loan is either forgiven or repaid. The borrower shall forward all name,
			 address, and telephone number changes to the board.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 13 - Teacher education loan program › Section HEA 13.06 - Loan forgiveness

Current through June 24, 2024
(1) Loans shall be forgiven when the borrower
			 is employed as a full-time teacher in the eligible school district. For every
			 academic year of employment, 50% of the principal and accrued interest, if any,
			 shall be forgiven, with the amount to be prorated in cases where fewer months
			 are worked. The borrower shall be given a maximum of 3 years to work the
			 required 2 years for full forgiveness.
(2) The maximum of 3 years allowed for
			 forgiveness shall be extended by the board for up to a total of 3 years for
			 approved periods of deferment, as referenced in s.
			 HEA
			 13.09. In no instance shall the term of forgiveness
			 exceed 6 years including periods of deferments authorized by the board. The
			 executive secretary may allow additional periods of deferment in exceptional
			 situations.
(3) Any loan principal
			 remaining unforgiven either because the forgiveness period as defined in subs.
			 (1) and (2) is over, or because the borrower has not been employed for
			 forgiveness as defined in sub. (1) or has moved out of state, shall be repaid
			 to the state of Wisconsin with interest accrued from the date on which the
			 forgiveness period ended.
(4) Only
			 borrowers who have completed the teacher education program at MTEC and who are
			 licensed to teach by the Wisconsin department of public instruction shall be
			 eligible for forgiveness.
(5) No
			 interest shall be charged to the borrower during the forgiveness
			 period.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 13 - Teacher education loan program › Section HEA 13.07 - Terms of repayment

Current through June 24, 2024
(1) The borrower shall repay the loan if not
			 employed as a full-time teacher in the eligible school district. Repayment
			 shall be required of borrowers who are employed for periods of time but who do
			 not complete their forgiveness within the time allowed.
(2) The minimum monthly payment shall be $50
			 including principal and accrued interest. Accrued interest shall be paid first
			 each month from the payment received. The board shall determine the monthly
			 repayment schedule, although the borrower may request a schedule with a higher
			 monthly payment.
(3) The borrower
			 shall repay the loan within a maximum of 6 years not counting periods of
			 deferment granted by the board. Interest shall not accrue during periods of
			 deferment authorized by the board.
(4) The borrower may prepay any or all of the
			 loan without penalty whether the borrower is in school, forgiveness, repayment,
			 or deferment.
(5) If the borrower
			 dies or becomes totally and permanently disabled, all obligation to make any
			 further payment of principal and interest on the loan shall be
			 canceled.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 13 - Teacher education loan program › Section HEA 13.08 - Deferment of loan repayment for borrowers

Current through June 24, 2024
(1) Borrowers who
			 return to school on a full-time basis in any course of study at an accredited
			 institution shall be deferred from repayment by the board for the period of
			 enrollment.
(2) Borrowers who are
			 on active duty in the military shall be deferred from repayment by the board
			 for the period of their active duty, not to exceed 3 years.
(3) Borrowers who enter the Peace Corps or
			 Volunteers in Service to America shall be deferred from repayment by the board
			 for the term of their active service, not to exceed 3 years. Employment with a
			 similar private agency may be eligible for deferment, as determined by the
			 executive secretary, if the agency is federally tax exempt.
(4) Borrowers who are unemployed shall be
			 deferred from repayment by the board for up to 6 months at a time, up to a
			 maximum of 24 months, as long as they provide proof, satisfactory to the board,
			 that they are actively seeking employment.
(5) Borrowers who become pregnant, give birth
			 or legally adopt a child shall be deferred from repayment by the board for up
			 to 12 months.
(6) In order to
			 receive a deferment, the borrower shall apply to the board. If the borrower
			 submits written evidence that verifies eligibility for the deferment, the board
			 shall approve of and grant the deferment.
(7) The board may grant forbearance from
			 repayment for the benefit of the borrower. The board may grant forbearance
			 whenever unemployment, health, other personal problems, or study that is
			 ineligible for deferment temporarily affects the borrower's ability to make
			 scheduled payments on the loan. Periods of forbearance may not exceed 6 months
			 for each approved request, up to a maximum of 24 months.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 14 - Teacher of the visually impaired loan program › Section HEA 14.01 - Purpose

Current through June 24, 2024
To define the various aspects of the Teacher of the Visually
				Impaired Loan Program authorized by s.
				39.398, Stats., as Created by
				1999 Wis. Act 9 as to the awarding of the loans; their forgiveness; or their
				repayment.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 14 - Teacher of the visually impaired loan program › Section HEA 14.02 - Definitions

Current through June 24, 2024
(1) "Board" means the higher educational aids
			 board
(2) "Eligible institution"
			 means a non-profit, private institution of higher education in Wisconsin or a
			 physically adjacent state [(as defined in s.
			 175.46(1) (d),
			 Stats.] which is accredited by a national or state accrediting agency, and
			 which provides a program that prepares persons to be licensed as teachers of
			 visually impaired pupils or as orientation and mobility instructors.
(3) "Forbearance" means an extension of time
			 for making loan payments or the acceptance of smaller payments than were
			 previously scheduled.
(4) "Grace
			 period" means a six-month period following withdrawal or graduation during
			 which the borrower is not responsible for interest or payment.
(5) "Loan" means a loan made under the
			 Teacher of the Visually Impaired Loan Program.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 14 - Teacher of the visually impaired loan program › Section HEA 14.03 - Borrower eligibility

Current through June 24, 2024
(1) The borrower shall be a resident of the
			 United States, either a citizen or an alien lawfully admitted for permanent
			 residence by the federal immigration and naturalization service.
(2) The borrower shall be a Wisconsin
			 resident as determined by the board using the residency standards of s.
			 36.27, Stats.
(3) The borrower shall be enrolled at least
			 part-time in an eligible institution in a program that prepares persons to be
			 licensed as teachers of the visually impaired or as orientation and mobility
			 instructors.
(4) The borrower shall
			 not be required to show financial need.
(5) To the extent possible, preference shall
			 be given to persons who are likely to remain or return to Wisconsin to work
			 with visually impaired persons.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 14 - Teacher of the visually impaired loan program › Section HEA 14.04 - Terms of loans

Current through June 24, 2024
(1) Eligible borrowers shall receive a
			 minimum annual award of $250. The maximum annual award shall not exceed
			 $10,000. The exact amount of the award shall not exceed the borrower's cost of
			 education, as determined by the eligible institution using recognized federal
			 methodology, minus the need-based aid the borrower is offered. Loans for
			 students that are need-based may be replaced in the package of aid by the
			 Teacher of the Visually Impaired Loan. The total the borrower receives under
			 this program shall not exceed $40,000 in outstanding principal.
(2) For loans that are not forgiven but must
			 be repaid, the interest rate shall be 5% annually on the unpaid principal
			 balance with accrual beginning upon the initial date of repayment. Interest
			 shall not accrue during periods of at least half-time enrollment; grace period;
			 employment that qualifies for forgiveness; or during board authorized periods
			 of deferment from repayment.
(3)
			 The initial date of repayment shall be determined by the board in each instance
			 beginning no sooner than 6 months after the borrower withdraws or graduates
			 from the eligible institution. There shall be a six-month grace period that
			 will start the day after the person withdraws or graduates from the eligible
			 institution. The borrower shall not be required to make payment during the
			 grace period.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 14 - Teacher of the visually impaired loan program › Section HEA 14.05 - Application process

Current through June 24, 2024
(1) A borrower seeking a loan shall contact
			 the eligible institution's financial aid office.
(2) The eligible institution's financial aid
			 office shall determine the borrower's cost of education within the requirements
			 set by the board. The board shall decide if the borrower shall receive a loan
			 under this program.
(3) The
			 eligible institution's financial aid office shall notify the board of the loan
			 amount for the borrower. The board shall issue a check for the borrower's loan
			 after the borrower's signed agreement form has been received by the
			 board.
(4) All borrower contact
			 concerning forgiveness and repayment shall be with the board. After leaving
			 school the borrower shall maintain written annual contact with the board until
			 the loan is either forgiven or repaid. The borrower is required to forward all
			 name, address and telephone number changes to the board.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 14 - Teacher of the visually impaired loan program › Section HEA 14.06 - Loan forgiveness

Current through June 24, 2024
(1) Loans shall be forgiven when the borrower
			 is licensed and employed, at least part-time, in Wisconsin as a teacher of
			 visually impaired pupils or as orientation and mobility instructor by a
			 Wisconsin school district, the Wisconsin Center for the Blind and Visually
			 Impaired or a cooperative educational service agency. For the first academic
			 year of full-time employment, 25% of the principal and accrued interest, if
			 any, shall be forgiven, with the amount to be prorated in cases where less time
			 has been worked. For the second academic year of full-time employment, 25% of
			 the principal and accrued interest, if any, shall be forgiven, with the amount
			 pro-rated in cases where less time has been worked. For the third academic year
			 of full-time employment, 50% of the principal and accrued interest, if any
			 shall be forgiven, with the amount pro-rated in cases where less time has been
			 worked. The borrower shall be given a maximum of 6 years to work the required 3
			 years for full forgiveness.
(2) The
			 maximum of 6 years allowed for forgiveness shall be extended by the board for
			 up to a total of 3 years for approved periods of deferment, as referenced in s.
			 HEA
			 14.08. In no instance shall the term of forgiveness
			 exceed 9 years including periods of deferments authorized by the board. The
			 executive secretary may allow additional periods of deferment in exceptional
			 situations.
(3) Any loan principal
			 remaining unforgiven either because the forgiveness period as defined in subs.
			 (1) and (2) is over, or because the borrower has not been employed for
			 forgiveness as defined in sub. (1) or has moved out of state, shall be repaid
			 to the state of Wisconsin with interest accrued from the date on which the
			 forgiveness period ended.
(4) Only
			 borrowers holding a license in teaching visually impaired pupils or as an
			 orientation and mobility instructor shall be eligible for
			 forgiveness.
(5) No interest shall
			 be charged the borrower during the forgiveness period.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 14 - Teacher of the visually impaired loan program › Section HEA 14.07 - Terms of repayment

Current through June 24, 2024
(1) Borrowers shall repay a loan if not
			 employed, at least part-time, as a teacher of visually impaired pupils or as an
			 orientation and mobility instructor in a Wisconsin school district, the
			 Wisconsin Center for the Blind or an educational service agency. Repayment
			 shall be required of borrowers who are employed for periods of time but who do
			 not complete their forgiveness within the time allowed.
(2) The monthly payment shall be a minimum of
			 $50 including principal and accrued interest. Accrued interest shall be paid
			 first each month from the payment received. The board shall determine the
			 monthly repayment schedule, although a borrower may request a schedule with a
			 higher monthly payment.
(3) A
			 borrower shall repay the loan within a maximum of 15 years not counting periods
			 of deferment granted by the board. Interest shall not accrue during periods of
			 deferment authorized by the board.
(4) Borrowers may prepay any or all of their
			 loan account without penalty whether the borrower is in school, forgiveness,
			 repayment or deferment.
(5) If the
			 borrower dies or becomes totally and permanently disabled, all obligation to
			 make any further payment of principal and interest on the loan shall be
			 canceled.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 14 - Teacher of the visually impaired loan program › Section HEA 14.08 - Deferment of loan repayment for borrowers

Current through June 24, 2024
(1) Borrowers who
			 return to school on a full-time basis in any course of study at an accredited
			 institution shall be deferred by the board from repayment for the period of
			 enrollment.
(2) Borrowers who are
			 on active duty in the military shall be deferred by the board from repayment
			 for the period of their active duty, not to exceed to 3 years.
(3) Borrowers, who enter the Peace Corps or
			 Volunteers in Service to America, shall be deferred by the board from repayment
			 for the term of their active service, not to exceed 3 years. Employment with
			 similar private agencies is eligible for deferment, as determined by the
			 executive secretary, if the agency is federally tax exempt.
(4) Borrowers who are unemployed shall be
			 deferred from repayment by the board for up to 6 months at a time, up to a
			 maximum of 24 months, as long as they provide proof, satisfactory to the board,
			 of actively seeking employment.
(5)
			 Borrowers who become pregnant, give birth or legally adopt a child shall be
			 deferred from repayment by the board for up to 12 months.
(6) In order to receive a deferment, a
			 borrower shall apply to the board. If the borrower submits written evidence,
			 which verifies eligibility for the deferment, the board shall approve the
			 deferment.
(7) The board may grant
			 forbearance from repayment for the benefit of the borrower. The board may grant
			 forbearance whenever unemployment, health, other personal problems, or
			 educational study that is ineligible for deferment temporarily affects the
			 borrower's ability to make scheduled payments on the loan. Periods of
			 forbearance may not exceed 6 months for each approved request, up to a maximum
			 total of 24 months.
Wisconsin Administrative Code › Higher Educational Aids Board › Chapter HEA 15 - Wisconsin covenant scholars program › Section HEA 15.01 - Purpose

Current through June 24, 2024
The purpose of this chapter is to define the various aspects of
				the Wisconsin Covenant Scholars program authorized by s.
				39.437, Stats., as to the
				awarding of grants to Wisconsin Covenant Scholars, and to implement s. 16.257,
				Stats.
Sectio n 16.257, Stats., was repealed by 2011 Wis. Act
				  32.