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Governor proposes $150 million Proposition 98 loan‑repayment program to recruit and retain teachers in priority schools
Summary
The governor's January budget included a new $150 million Proposition 98 program to repay education loans for credentialed educators who serve in priority schools.
The governor's January budget included a new $150 million Proposition 98 program to repay education loans for credentialed educators who serve in priority schools, state budget staff told the Assembly Budget Subcommittee on Education Finance.
Department of Finance staff described the proposal as a loan‑repayment program that would disburse up to $5,000 a year for up to four years (maximum $20,000) to eligible credentialed teachers and pupil‑services staff who serve in a priority school or in California State Preschool Programs (CSPP) administered by…
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