School aid: other; future educator student teacher stipend program; modify. Amends sec. 27c of 1979 PA 94 (MCL 388.1627c).

This bill allocates $50 million in state funds for the 2024-2025 school year to support student teachers participating in Michigan's Future Educator Student Teacher Stipend Program. The money is distributed to eligible educator preparation programs, which then provide payments of up to $9,600 per semester to student teachers working in public schools or qualifying preschools. To qualify, student teachers must be enrolled in a certification program, actively completing required coursework, and not already employed as a teacher of record in the district where they are placed. The bill also establishes a priority system where student teachers receiving Pell Grants are funded first if the available money is insufficient to cover all applicants.