A training assistance loan up to $190 per course shall be paid towards the teacher's expenses for courses of any recognized University or College. The course must be recognized by the Department of Education and Training to advance the teacher in his or her academic or professional standing. Education assistance loans will only be considered after written request is made to the Board and is approved by the Superintendent. A reply is to be given one month following the request. Only courses benefiting the School Division will be considered.
One-half the amount loaned will be deducted from the loan per year for each year the teacher remains on staff in this Division following the successful completion of the course(s) until the balance owing is nil. All loan applications must be submitted before the course commences. The loan shall be made immediately following approval of the loan application.