Conn. Gen. Stat. § 10a-247: Alliance District Loan Subsidy Program. Eligibility criteria and administrative guidelines.

(a) The Connecticut Higher Education Supplemental Loan Authority shall establish, subject to available funding pursuant to section 10a-247a, an Alliance District Loan Subsidy Program for the purpose of subsidizing interest rates on authority loans, as defined in section 10a-223, to (1) teachers, paraeducators and school counselors who are employed by a local or regional board of education or a technical education and career school in a school district designated as an alliance district pursuant to section 10-262u, and meet the eligibility criteria established pursuant to subsection (b) of this section, and (2) individuals who are employed in a high priority occupation by a local or regional board of education or a technical education and career school in a school district designated as an alliance district pursuant to section 10-262u and meet eligibility criteria established pursuant to subsection (c) of this section.

(b) The authority shall enter into a memorandum of agreement with the Commissioner of Education to establish the eligibility criteria and administrative guidelines for the Alliance District Loan Subsidy Program for teachers, paraeducators and school counselors. Such eligibility criteria and guidelines shall include, but need not be limited to, (1) applicant eligibility, (2) interest rate subsidies and principal limits on authority loans subject to the Alliance District Loan Subsidy Program, (3) the process for verifying the employment of applicants, and (4) the requirement that an interest rate subsidy through the Alliance District Loan Subsidy Program shall terminate for any subsidy recipient who ceases to meet the employment requirements of such program during the term of such recipient's loan from the authority.

(c) The Department of Education shall consult with the authority to: (1) Designate, as high priority occupations under the Alliance District Loan Subsidy Program, occupations that (A) promote the health, welfare or education of residents of municipalities with a school district designated as an alliance district, (B) have a high demand for their services, as determined by the department and the authority, and (C) are experiencing or are projected to experience a workforce shortage that may affect the level of services provided; (2) establish administrative guidelines for the implementation and operation of the program for individuals employed in a high priority occupation in a municipality with a school district designated as an alliance district; and (3) establish eligibility criteria for the program for such individuals, which shall include, but need not be limited to, (A) applicant requirements, including employment requirements, (B) interest rate subsidies and principal limits on authority loans subject to the program, (C) the process for verifying the employment of applicants, and (D) the requirement that an interest rate subsidy through the program shall terminate for any subsidy recipient who ceases to meet the employment requirements of the program during the term of such recipient's authority loan.