The bill HB2428 amends existing Arizona law to allow degree-granting private postsecondary educational institutions to participate in the Arizona Teachers Academy, which was previously limited to public universities and community colleges. The new provisions include a cap on scholarships provided by these private institutions, which cannot exceed the average in-state tuition and fees charged by public universities, minus any other financial aid received by the student. Additionally, the bill specifies that private institutions can receive funds from the Arizona Teachers Academy Fund to support their participation in the program.

Other changes include clarifying the obligations of scholarship recipients, who must teach in a public school for one year for each year they receive a scholarship, and ensuring that the Arizona Board of Regents administers the fund and establishes criteria for distributing the funds. The bill also emphasizes the importance of diversity among participants in the Teachers Academy and includes technical adjustments to the definitions of eligible institutions. However, the Governor vetoed the bill, citing a lack of appropriations to support its implementation.

Statutes affected:
Introduced Version: 15-1655
House Engrossed Version: 15-1655