Teacher Vacancy Grant Initiative Sample Clauses

Teacher Vacancy Grant Initiative. In accordance with HCUSD2 applying for and receiving funds from the Teacher Vacancy Grant Program awarded by the ISBE the following monies shall be made available in the school years when the district receives grant funding. A. New Teacher Signing Bonus Professional educators hired and beginning work for the district during the 2023-2024 school year shall receive a signing bonus of $2000. This stipend will be paid in two equal installments. Once the state disperses funds to the district, the first installment shall be received during the next payroll (ideally on the August 25th or September 10th payroll). The second installment shall come at the conclusion of the school year, with the June 10th payroll. By receiving this bonus, the professional educator is committing to returning for the 2024-2025 school year. Should the professional educator not return for the 2024-2025 school year then the bonus money must be repaid. Failure to repay the district directly will result in the money owed being garnished from the final paychecks. Should the district receive the grant for future school years this language will then be applied to that new incoming group of professional educators with the years referenced adjusted accordingly for when the grant is successfully renewed. B. Increased Undergraduate Tuition Reimbursement For a professional educator assigned to teach courses that are not currently endorsed on their PEL and required to take undergraduate courses to meet endorsement requirements, the tuition reimbursement rate for undergraduate courses listed in Article 11.2 of this agreement shall be increased from $70 per credit hour to $160 per credit hour. The number of credit hours eligible for reimbursement will also be increased from nine (9) credit hours to twelve (12) credit hours. This increase will only be applied to courses meeting the necessary endorsement requirements and must be approved by the superintendent. This increase will only be for courses taken during the 2023-2024 school year. Should the district receive the grant for future school years this language will then be applied to that school year.
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