Authorizes incentive scholarships for students seeking licenses to teach classes in certain endorsement areas relating to business and industry. (BDR 34-430)

AN ACT relating to education; making an appropriation to provide grants to universities, colleges and programs of professional development for teachers and administrators in this State to award scholarships to students seeking to obtain or renew a teaching license with an endorsement in certain areas relating to business and industry; prescribing the manner in which such scholarships must be awarded; requiring a university, college or program in professional development for educators that receives a grant to repay a certain amount if a scholarship recipient leaves the program before completion; providing for the payment of a certain amount to a university, college or program in professional development for educators if a scholarship recipient completes the program on schedule; and providing other matters properly relating thereto.