House Sponsors: WIRSING. Short description: H ED-TEACHER SCHOLARSHIP-REPAY Synopsis of Bill as introduced: Amends the Higher Education Student Assistance Act. Changes the rate of interest on the repayment of a David A. DeBolt Teacher Shortage Scholarship (for a person who fails to fulfill his or her teaching obligation) from a rate no greater than the highest rate applicable for educational loans made pursuant to Title IV, Part B of the Higher Education Act of 1965 to the rate of 5% per year. Effective immediately. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status