For immediate release:
Feb. 5, 2013
INDIANAPOLIS - The Indiana House Education Committee today passed legislation authored by Rep. Justin Moed (D-Indianapolis) that encourages the state’s brightest students to stay in Indiana to teach.
[Listen to audio of Rep. Moed explaining House Bill 1443.]
House Bill (HB) 1443 offers loan forgiveness to students who graduate in the top 20% of their high school class or who place in the top 20th percentile on the SAT or ACT, and who commit to at least three years of teaching in Indiana.
Additionally, the students must maintain at least a 3.5 GPA in college and teach in high need areas, such as science, technology, engineering or mathematics (STEM), Special Education, and certain geographical shortage areas.
“In return for loan forgiveness, students in turn must commit to teaching in Indiana for a minimum of three years,” said Moed. “This proposal acts as an incentive for students to stay in Indiana to pursue their craft, and helps address some of the serious teacher shortages we have in the state.
“We want to keep our best students here and simultaneously improve education for future generations,” he added.
According to Moed, the bill was a bipartisan effort.
“Members from both parties helped me with this proposal,” he said. “Everyone agreed this would benefit the state of Indiana.”
HB 1443 passed through committee unanimously with a 12-0 vote, and will now be presented to the full House for consideration.