D.  Hawaii Educator Loans

 

     [§304A-701]  Hawaii educator loans; eligibility; amounts.  There is created the Hawaii educator loan program to be administered by the University of Hawaii, to provide financial support to students who complete a state-approved teacher education program and who agree to teach in the Hawaii public school system.  Eligibility shall be awarded by the university to students on a competitive basis.  The amount to be loaned to a student shall be determined by the board of regents based on need for financial aid and proof of acceptance into a state-approved teacher education program at the university.  The maximum amount of loans that a student may receive under this program shall be an aggregate amount equivalent to tuition payments and costs of textbooks and other instructional materials necessary to complete a state-approved teacher education program. [L 2006, c 75, pt of §2]