HIGHR ED-STUDENT TEACH STIPEND

Amends the Board of Higher Education Act. Provides that, subject to appropriation, the Board of Higher Education shall create a student teaching stipend program to alleviate the financial burden of student teaching, to encourage students to pursue teaching careers to alleviate this State's teacher shortage, and to encourage teachers to be matched with student teachers. Provides that, subject to available appropriations, the Board shall disburse to each educator preparation program funds to distribute to each eligible student a stipend of up to $10,000 per semester for up to 2 consecutive semesters, plus additional funds to pay the direct costs of operating the stipend program. Provides that, subject to available appropriations, the Board shall disburse to each educator preparation program funds to distribute to each eligible cooperating teacher a stipend of up to $2,000 per semester for up to 2 consecutive semesters per academic year, plus additional funds to pay the direct costs of operating the stipend program. Sets forth provisions concerning the distribution of funds to eligible students and eligible cooperating teachers. Provides that an educator preparation program may not prohibit an eligible student or an eligible cooperating teacher from participating in the stipend program or receiving a stipend from the stipend program. Sets forth provisions concerning cooperating teacher training. Provides that, subject to available appropriations, the Board, in collaboration with the State Board of Education, shall submit a report evaluating the impact of the stipend program on educator preparation programs to the General Assembly and Governor on or before June 30, 2028. Provides for rulemaking. Effective immediately.