Retake Loan Agreement by kvb10309

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Retake Loan Agreement document sample

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									                                                       SC NBC Loan Guidelines
                                       For Application Valid August 1 – November 1, 2009

                                                        FY 2010 Proviso 1.48 and1A.26

(SDE: National Board Certification Incentive) Public school classroom teachers or classroom teachers who work with classroom teachers who are
certified by the State Board of Education and who have been certified by the National Board for Professional Teaching Standards shall be paid a
$7,500 salary supplement beginning July 1 in the year following the year of achieving certification, beginning with 2009 applicants. Teachers
employed at the special schools shall be eligible for this $7,500 salary supplement. The special schools include the Governor's School for Science
and Math, Governor's School for the Arts and Humanities, Wil Lou Gray Opportunity School, John de la Howe School, School for the Deaf and the
Blind, Felton Lab, Department of Juvenile Justice and Palmetto Unified School District 1. The $7,500 salary supplement shall be added to the
annual pay of the teacher for the length of the national certificate. However, the $7,500 supplement shall be adjusted on a pro rata basis for the
teacher's FTE and paid to the teacher in accordance with the district's payroll procedure. The Center for Educator Recruitment, Retention, and
Advancement (CERRA-South Carolina) shall develop guidelines and administer the programs whereby teachers who are United States citizens or
permanent resident aliens, and who are applying to the National Board for Professional Teaching Standards for certification may receive a loan
equal to the amount of the application fee. Up to eleven hundred loan applications shall be processed annually. One-half of the loan principal
amount and interest shall be forgiven when the required portfolio is submitted to the national board. Teachers attaining certification within three
years of receiving the loan will have the full loan principal amount and interest forgiven. Teachers who previously submitted a portfolio to the
National Board for Professional Teaching Standards for certification under previous appropriation acts, shall receive reimbursement of their
certification fee as prescribed under the provisions of the previous appropriation act. Funds collected from educators who are in default of the
National Board loan shall be retained and carried forward for National Board purposes. Of the funds appropriated in Part IA, Section 1, XIII.A. for
National Board Certification, the State Department of Education shall transfer to the Center for Educator Recruitment, Retention, and Advancement
(CERRA-South Carolina) the funds necessary for the administration of the loan program. In addition, teachers who are certified by the National
Board for Professional Teaching Standards shall enter a recertification cycle for their South Carolina certificate consistent with the recertification
cycle for national board certification. National board certified teachers moving to this State who hold a valid standard certificate from their sending
state are exempted from initial certification requirements and are eligible for a professional teaching certificate and continuing contract status.
Their recertification cycle will be consistent with national board certification.
   Provided, further, that in calculating the compensation for teacher specialists, the State Department of Education shall include state and local
compensation as defined in Section 59-18-1530 to include local supplements except local supplements for National Board certification. Teacher
specialists remain eligible for state supplement for National Board certification.
   Teachers who begin the application process after July 1, 2007 and who teach in schools which have an absolute rating of below average or at-
risk at the time the teacher applies to the National Board for certification, but who fail to obtain certification, nonetheless shall be eligible for full
forgiveness of the loan as follows: upon submission of all required materials for certification, one-half of the loan principal amount and interest
shall be forgiven; forgiveness of the remainder of the loan will be at the rate of 33% for each year of full time teaching in the same school regardless
of whether that school exceeds an absolute rating of below average or at-risk during the forgiveness period, or for each year of full time teaching in
another school that has an absolute rating of below average or at risk

                                             Standard Conditions for Loan Forgiveness

     1. The candidate has up to three years to become National Board Certified after submitting an initial application
        (the initial application year and two years of banked scores). The entire amount of the loan (up to $2,500) and
        interest will be forgiven if the candidate is currently employed as a classroom teacher in the South Carolina at the
        time of achieving National Board Certification (and has achieved within the three-year period). The National
        Board Certified Teacher (NBCT) will receive notification from CERRA that the loan obligations (up to $2,500)
        and interest have been satisfied.

     2. In the event that the candidate does not achieve certification in the initial year of application, he/she must submit
        to CERRA, within ninety (90) days of score notification, a copy of the official score report from NBPTS to verify
        that the required ten (10) entries (complete and scorable) were submitted. This portfolio verification will qualify
        for forgiveness of one-half of the loan (up to $1,250) and interest. In addition, the candidate remains eligible for
        forgiveness of the second half of the loan for a two-year retake period, as described in other sections of this
        agreement (please refer to the Proviso and section 1 above).

     3. CERRA will forward an official list of the National Board Certified Teachers to the State Department of
        Education, Office of Finance and the Division of Educator Quality and Leadership (Teacher Certification), to
        confirm eligibility for the incentives provided by the State of South Carolina (e.g., $7,500 salary supplement and
        recertification exemption).

     4. These statements are summaries only, and do not supercede or change the applicable law or the terms of the
        Promissory Note and National Board Loan Agreement from the State of South Carolina.
                                     Conditions for Loan Forgiveness for
              Candidates Applying from Schools with Absolute Rating of Below Average or At-Risk

                    Standard Conditions for Loan Forgiveness 1, 3, 4 listed apply and in addition:

   1. Teachers who begin the National Board process after July 1, 2007, and who teach in schools which have an
      absolute rating of below average or at-risk and wish to seek forgiveness of the SC NBC Loan must remain in a
      below average or at-risk school throughout the entire certification process. Candidates who leave a school with an
      absolute rating of below average or at-risk before certification is achieved or the entire certification process is
      completed will NOT be eligible for the forgiveness conditions stated in Proviso 1A.26., FY10. If the school
      becomes average or above after the completed loan application is submitted, the candidate will remain eligible for
      forgiveness under the current Proviso provided the candidate remains in that school.

   2. Candidates are required to submit the required ten (10) entries (completed and scorable) in the initial year of
      application to remain eligible for this loan forgiveness.

   3. In the event that the candidate teaching in a school with an absolute rating below average or at-risk does not
      achieve certification in the initial year of application, he/she must submit to CERRA, within 90 days of score
      notification, a copy of the official score report for NBPTS to verify that the required ten (10) entries (completed
      and scorable) were submitted. In addition, he/she must submit a completed Request for Loan Forgiveness form
      (www.cerra.org). All documents must be received at CERRA within 90 days of score notification each year
      certification is sought or until the initial three-year cycle is ended. In the event that a candidate does not retake in
      year two or three, the candidate is still required to submit the completed Loan Forgiveness form to CERRA within
      90 days of Nations Board’s score release. The loan is forgiven in the amount of one-half the loan amount plus
      33% of remaining balance ($1,250 + $416) in year one, 33% ($417) in year two and 33% ($417) in year three.




                          A step by step process…
     Becoming a National Board Certification® Candidate in South Carolina
                           Fall 2009 SC NBC Loan Window: August 1 – November 1, 2009




Are you eligible to apply?
To find out, CERRA encourages all teachers to:

       Visit the National Board for Professional Teaching Standards Web site (www.nbpts.org) and research
       not only the process for applying, but also the certificates available, the assessment calendar, the
       portfolio instructions and the assessment center information.
       Visit the Center for Educator Recruitment, Retention and Advancement – South Carolina Web site
       (www.cerra.org) to learn about the SC NBC Loan Application process and guidelines for submitting an
       application.
       Contact your School District Liaison (list available at www.cerra.org) to obtain a copy of the SC NBC
       Loan application and to inquire about district support and incentives.
       Determine whether you meet all eligibility requirements for the certification process and the SC NBC
       Loan.
       Take time to carefully review and understand all guidelines for repayment in cases of withdrawal or
       failure to achieve National Board Certification within the three-year window of initial candidacy.
Once you have determined eligibility and readiness to become a National Board Certification candidate, you must
follow the steps outlined below if you choose to take advantage of support in the form of the NBC Loan through the
State of South Carolina.

Note: This process is voluntary! Teachers can pursue this certification without any support from the State or any other
third party payer by paying the assessment fee directly to NBPTS. However, any funds sent directly to NBPTS will be the
responsibility of the teacher and NBPTS. The State of South Carolina does not reimburse funds to any entity for any
reason.

If you are eligible…

        Complete an application with NBPTS (available online only). You can apply online with NBPTS by visiting their
        Web site at www.nbpts.org. Portfolio due dates and assessment center test windows are determined by the date
        your fee is paid to NBPTS by your third party payer (State of South Carolina via CERRA).

        When completing the National Board application, be mindful that in order to be eligible for the SC NBC Loan,
        you will need to give permission to release your name to Third party payers (i.e. CERRA – South Carolina)
        on the NBPTS online application. Otherwise, your loan application cannot be processed by CERRA!

        You are required to pay an application fee ($65) directly to NBPTS upon application. Candidates should follow
        instructions on the NBPTS Web site to submit this payment. This fee is not covered by the SC NBC Loan
        Program.

        Once you apply online with NBPTS, complete the SC NBC Loan Application that you received from your school
        district’s NBC Liaison. These applications cannot be obtained online or faxed; only paper applications that
        are notarized will be accepted.

        Copies A and B of your complete and notarized loan application MUST be sent to CERRA (Retain the cover
        page and copy C for your personal files.)

                Mail Completed Loan Application to:        CERRA
                                                           Attn: NBC Loan Program
                                                           Stewart House at Winthrop University
                                                           Rock Hill, SC 29733

        Keep in mind that your candidate application status with NBPTS must be confirmed on the database that CERRA
        downloads directly from NBPTS before we can process a loan for you. Both your NBPTS online application and
        your SC NBC Loan must be complete and information must match before funds can be sent to NBPTS on your
        behalf. Please allow time for this information to be processed with both NBPTS and CERRA, and avoid waiting
        until the last minute to submit applications.

        The completed SC NBC Loan MUST BE POSTMARKED NO LATER THAN 5:00 PM ON NOVEMBER
        1, 2009. When your completed Loan is received at CERRA and your name is verified on National Board’s list of
        “official candidates,” the funding for the assessment fee will be processed and sent to NBPTS. Completed loan
        applications are processed and submitted weekly to NBPTS by the office of CERRA. You will receive
        notification from CERRA via US mail once your loan application has been processed and fees have been
        submitted to NBPTS on your behalf.

        You are responsible for checking www.nbpts.org for the status of your NBPTS application and payment. Once
        you apply online with NBPTS, you will be directed to create a personal account in the “My Profile” system used
        by NBPTS. All candidates are required to notify CERRA and NBPTS of any changes with candidacy status,
        employment and/or contact information.


                           WE WISH YOU WELL AS YOU BEGIN THIS JOURNEY
                       TO EXPLORE AND ASSESS YOUR ACCOMPLISHED TEACHING!
                                 Things to Remember
When applying to become a candidate:
      First, apply online to become a National Board candidate at www.nbpts.org, and pay the $65 registration
      fee to National Board (not CERRA).
      Check YES to release your information to the third party payer, i.e. CERRA. CERRA is unable to
      process the candidate’s loan application if he/she checks “NO” to third party payer.
      Contact your district liaison for a loan application and send a COMPLETED loan application to
      CERRA by November 1, 2009. If there is any missing information, CERRA must highlight the
      incomplete portion and mail it back to the candidate to complete.

Common Incomplete Information:

      County, not Country
      National Board Candidate ID Number
      Driver’s license State and Number
      Teach at an At Risk School
      NB Certificate name
      Do you grant permission to release your information to your NB contact in your district



Other things to remember when applying:
      The SC NBC Loan application must be completed, signed, and notarized in order to be processed.
      The deadline to apply is November 1, 2009.
      DEADLINES MISSED DUE TO INCOMPLETE INFORMATION ARE THE CANDIDATE’S
      RESPONSIBILITY.
      Please retain Copy C and front cover of loan for your records.
      Do not wait to receive your box to get started. All materials can be downloaded from www.nbpts.org.

    Please contact your district liaison or CERRA with any other questions.

 You will find useful information by visiting our Frequently Asked Questions:

                      http://www.cerra.org/nationalBoard/faq.html

								
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