The proposed bill, if enacted, would amend current statutes related to the Arizona Teachers Academy by allowing Arizona degree-granting private postsecondary educational institutions that offer postbaccalaureate teacher preparation programs to participate in the Academy and receive funding from the Arizona Teachers Academy Fund. This inclusion expands the definition of "eligible postsecondary institution" to encompass these private institutions, thereby broadening access to the scholarship program. Additionally, the bill specifies that the reimbursement for scholarships provided by these institutions cannot exceed the average in-state tuition and fees charged by public universities, minus any other financial aid received by the student.

Furthermore, the bill appropriates $10,000,000 from the state General Fund for fiscal year 2026 to support the Arizona Teachers Academy Fund. It also makes several technical and conforming changes to existing language, such as updating the terminology for students and clarifying the conditions under which institutions may charge students for remaining tuition costs. Overall, these updates aim to enhance the recruitment and retention of teachers in Arizona by expanding financial support and opportunities for students pursuing teaching credentials.

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