Prorating Repayment According to Fraction of Teaching Obligation Not Completed.
(a) The principal amount a scholar shall repay for failure to fulfill the teaching obligation for a particular award year is determined by the following formula:
Years of teaching
obligation for that
award year not
____________ X Scholarship amount = Scholarship amount
Total years of for that award year to be repaid
teaching obligation for that award year
for that award year
(b) The definition of a teaching year shall be the same as that used by the school or school district in which the scholar teaches.
Education Code 69741
Education Code 69742
United States Code, Title 20, Section 1111f
Code of Federal Regulations, Title 34, Section 653.42(a) (1).
(Amended by Register 88, No. 53.)