Section 202 – Talent Development Award Program.

• (1) There is created the Talent Development Award Program to recruit and train individuals to work in certain jobs that have a high demand for new employees and offer high wages.

• (2) Subject to available funds, an institution shall award an individual who:
  • (a) is pursuing or declares an intent to pursue a qualifying degree;
  • (b) declares an intent to work in a qualifying job described in Subsection 53B-10-201(7)(a) in Utah following graduation;
  • (c) applies to the institution to receive an award; and
  • (d) meets other criteria determined by the board in the rules described in Section 53B-10-205.

• (3)
  • (a) An institution may award a recipient in an amount up to the cost of resident tuition, fees, and books for the number of credit hours in which the recipient is enrolled each semester.
  • (b) An institution may award a recipient for up to the expected amount of time for the recipient to complete the qualifying degree, as determined by the institution.
  • (c) An institution may cancel an award in accordance with the rules described in Section 53B-10-205.

• (4) An institution may use money from a partnership with an industry or business for funding or repaying an award.

• (5) The board may use up to 5% of money appropriated for the program for administration.

Amended by Chapter 370, 2022 General Session