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{ISAC Rules, Part 2763}
The Minority Teacher of Illinois (MTI) Scholarship Program is one of the Teacher Education Scholarship Programs administered by ISAC.
The MTI Scholarship Program encourages academically talented minority students to pursue careers as teachers at nonprofit Illinois preschool, elementary and secondary schools. The program also aims to provide minority children with access to a greater number of positive minority role models.
The scholarship awards up to $5,000 per academic year for a maximum of 8 semesters or 12 quarters of assistance.
A student must sign an agreement promising to begin teaching within one year at a nonprofit Illinois public, private, or parochial preschool, elementary or secondary school at which no less than 30% of the enrolled students are minority students, as certified by the Illinois State Board of Education (ISBE), for each year of scholarship assistance received and shall teach on a continuous basis for the required period of time.
If the teaching obligation is not fulfilled, the scholarship converts to a loan at a 5% interest rate and the entire amount received, prorated to the fraction of the teaching obligation not completed, must be repaid.
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