§ 522. Governing Board created
There is hereby created a Governing Board for the Endowment which shall consist of the Chairman of the Board of Trustees of the University of the Virgin Islands, who shall serve as Chairman, the Governor, the President of the Legislature, the Chief Justice of the Supreme Court, and the Commissioner of Education. Three members shall […]
§ 523. Funding
There is hereby authorized to be appropriated in each fiscal year, as a part of the budget of the University of the Virgin Islands for administrative purposes only, such sum as the Legislature may deem appropriate for a contribution to the Endowment to be used for the purposes of this chapter. Donations and contributions may […]
§ 524. Rules and regulations
The Governing Board shall promulgate rules and regulations consistent with this chapter establishing, but not limited to, eligibility requirements, application procedures, and administrative reporting. The Board may, by rules and regulations, require that grant and award recipients contribute their skills in some capacity to the benefit of the people of the Virgin Islands. Until otherwise […]
§ 525. Endowment loans
Loans from the Academic and Cultural Awards Endowment shall be evidenced by a promissory note bearing interest on the unpaid balance at six percent per annum.
§ 551. Purpose and policy—Article I
A. It is the purpose of this compact to: 1. Establish and maintain close cooperation and understanding among executive, legislative, professional educational and lay leadership on a nationwide basis at the State and local levels. 2. Provide a forum for the discussion, development, crystalization and recommendation of public policy alternatives in the field of education. […]
§ 511. Short title
This Act may be cited as The Virgin Islands Teacher Recruitment and Training Act of 2001.
§ 512. Teacher Incentive Scholarship Program
(a) The Board of Education in collaboration with the President of the University of the Virgin Islands shall establish a “Teacher Incentive Scholarship Program”, hereinafter the “Program”, commencing with the academic year 2001–2002, to attract qualified high school graduates to the teaching profession. (b) Scholarships will be for full-time study at the University of the […]
§ 513. Critical Needs Teacher Incentive Program
(a) The Commissioner of Education shall establish a “Critical Needs Teacher Incentive Program” offering financial incentives, including but not limited to, grants for airfare and relocation expenses, and sign-on bonuses of not more than $1,500.00 per recipient. (b) To the extent that sufficient funds are available, the Critical Needs Teacher Incentive Program shall take effect […]
§ 520. Endowment established
There is hereby established the Virgin Islands Academic and Cultural Awards Endowment, hereinafter called the “Endowment,” which shall be used to provide loans, grants and awards to residents of the Virgin Islands who have made significant contributions to the government and people of the Virgin Islands, or who may require financial support to enable them […]
§ 521. Administration
The Endowment shall be administered by the University of the Virgin Islands as may be directed by the Governing Board established by section 522 of this chapter. The Board shall promulgate rules and regulations, and may, in its discretion, appoint a staff assistant as needed, to assist in the implementation of this act.