SB 0897 | Creates the Urban Flight Scholarship Program |
Sponsor: | Dougherty | Co-Sponsor(s) | ||
LR Number: | 3775S.01I | Fiscal Note: | 3775-01 | |
Committee: | Education | |||
Last Action: | 03/06/02 - Hearing Conducted S Education Committee | Journal page: | ||
Title: | ||||
Effective Date: | August 28, 2002 | |||
SB 897 - This act creates the Urban Flight Scholarship Program, which consists of one hundred new full-ride scholarships for students enrolled in Missouri metropolitan or urban school districts with high at-risk student populations, as shall be defined by the Department of Elementary and Secondary Education. Recipients of the scholarship will make a commitment to teach in Missouri at an elementary or secondary public school in a metropolitan or urban school district with a high at-risk student population for two years for every one year they garnered a scholarship. If the scholarship recipient fails to uphold this contract, the scholarship shall be considered a loan with 9 1/2% interest.
Seventy-five percent of the Urban Flight Scholarship Program
will be financed by the state and twenty-five percent will be
supported by donations from businesses. Any donating business
firm shall receive a tax credit equal to fifty percent of the
amount of the donation.
DONALD THALHUBER