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EEC: $7.5M in FY25 for loan-repayment program; applications expected in fall
Summary
EEC said the FY25 budget includes $7.5 million for a student loan repayment program for the early-education workforce, to be administered with the Department of Higher Education; applications are expected this fall and benefits will be retroactive to July 1, 2024.
The Department of Early Education and Care said the FY25 state budget includes $7.5 million to create a student loan repayment program for the early-education workforce, and that the program will be administered in partnership with the Department of Higher Education (DHE).
The commissioner told the advisory group: "We got $7,500,000 this year in the FY 'twenty 5 budget to create a new loan repayment program for the early education and…
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