(a) Purpose. — It is the intent and purpose of this program to encourage academically talented Delawareans to pursue teaching careers in Delaware public schools.
(b) Awards. — (1) Except where there are no equivalent programs of study offered in-state, awards shall be provided for study at Delaware institutions in undergraduate education or programs leading to teacher certification.
(2) Awards may be prorated for students who will be enrolled less than full-time in a qualifying program.
(3) Awards may be renewed to a maximum of the equivalent of 4 full-time awards.
(c) Repayment and forgiveness. — (1) For purposes of this program, qualifying employment is employment as a teacher in a Delaware public school, whether as an employee of the State, the Department of Education, a school district or an individual school, or as an employee of a private organization providing educational services to Delaware school children under a contract with the State, the Department of Education, a school district or an individual school.
(2) Awards will be forgiven at a rate of 1 year of qualifying employment for 1 year of loan.