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| 1. Eligibility for loans for undergraduate education. A | postsecondary education loan may be given only to a high school | graduate, or the equivalent, who is a resident of the State, who | has been recognized as a Educators for Maine loan recipient and who | has met other eligibility criteria established by rule of the | authority. An Educators for Maine loan recipient must be an | undergraduate at an institution of higher education. Preference | must be given to students enrolled in a program that has been | determined to be an underserved subject area. |
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| | Sec. 7. 20-A MRSA §12505, sub-§2, as amended by PL 1999, c. 441, §9, | is repealed. |
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| | Sec. 8. 20-A MRSA §12505, sub-§3, as amended by PL 1999, c. 441, §9, | is further amended to read: |
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| | 3. Eligibility for postbaccalaureate certification. A loan | to a student pursuing postbaccalaureate certification may be | given only to a resident of the State who has shown academic | achievement, who has a baccalaureate degree, who is not eligible | for a loan for graduate study or continuing education pursuant to | subsection 2, pursuing a course of study that will lead to | certification as a teacher, to licensure as a speech pathologist | or to attainment of child care provider qualifications and who | has met other eligibility criteria established by rule of the | authority. |
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| | Sec. 9. 20-A MRSA §12506, 2nd ¶, as enacted by PL 1989, c. 7, Pt. O, | §5, is amended to read: |
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| | These loans shall must only be used to substitute or replace | the family contribution or interest-accruing loans. A loan | recipient may not receive student financial assistance in excess | of the cost of attendance. |
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| | Sec. 10. 20-A MRSA §12507, as amended by PL 1999, c. 783, §5, is | further amended to read: |
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| §12507. Repayment and return service provisions |
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| | Each graduating high school senior or college student who | receives a loan may cancel the total amount of the loan by | completing one year of return services service in the public | schools or private schools approved for tuition purposes in the | State for each year the individual receives a loan. An | individual who received that individual's first program loan | after January 1, 2000 may also cancel the total amount of the | loan by completing one year of return service by working in a | child care facility. The return service requirement is one year |
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