Compendium of Budget Information for the 2009 General Session

Higher Education
Appropriations Subcommittee

Line Item: T.H. Bell Scholarship Program

Function

The T. H. Bell Teaching Incentive Loan Program was established to recruit and train Utah teachers. The incentive loans may be used at any higher education institution in the State with a state-approved teacher education program. Credit for tuition and fees are granted for each year of teaching in the State. A recipient who does not teach for a term equal to the number of years of the incentive loan within a reasonable period of time after graduation shall repay a graduated portion of the tuition and fees. The State Board of Regents is appropriated administrative funds to support the management of the Loan Program.

Statutory Authority

The following statute relates to the T.H. Bell Teaching Incentive Loan Program in addition to the laws previously mentioned in Chapter II:

UCA 53B-10-101. Recruits and trains superior candidates for teaching in Utah's public school system.

Funding Detail

Sources of Finance	2005 Actual	2006 Actual	2007 Actual	2008 Actual	2009 Approp
General Fund	$621,600	$623,300	$623,300	$623,300	$623,300
Education Fund	$0	$0	$0	$1,200,000	$1,200,000
Dedicated Credits Revenue	$275,649	$346,329	$149,993	$175,800	$175,800
Beginning Nonlapsing	$162,366	$66,648	$252,593	$395,100	$0
Closing Nonlapsing	($66,648)	($252,593)	($395,112)	($478,400)	$0
Total	$992,967	$783,684	$630,774	$1,915,800	$1,999,100

Programs:	2005 Actual	2006 Actual	2007 Actual	2008 Actual	2009 Approp
T.H. Bell Scholarship Program	$992,967	$783,684	$630,774	$1,915,800	$1,999,100
Total	$992,967	$783,684	$630,774	$1,915,800	$1,999,100

Categories of Expenditure	2005 Actual	2006 Actual	2007 Actual	2008 Actual	2009 Approp
Current Expense	$992,967	$0	$0	$0	$0
Other Charges/Pass Thru	$0	$783,684	$630,774	$1,915,800	$1,999,100
Total	$992,967	$783,684	$630,774	$1,915,800	$1,999,100

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