Next generation Hoosier educators scholarship program.

Provides that an individual enrolled in a transition to teaching program may apply for a one time scholarship under the next generation Hoosier educators scholarship program. Establishes requirements to qualify for the one time scholarship. Provides that the maximum amount of a scholarship is $10,000. Provides that the total annual amount of scholarships awarded from the next generation Hoosier educators scholarship fund to individuals enrolled in a transition to teaching program may not exceed $1,000,000. Requires that an awarded scholarship must be repaid under certain conditions.