Utah Code 53B-10-202. Talent Development Award Program

53B-10-202. 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.

Award: means a monetary grant awarded in accordance with Section 53B-10-202. See Utah Code 53B-10-201
Board: means the Utah Board of Higher Education described in Section 53B-1-402. See Utah Code 53B-1-101.5
Institution: means an institution of higher education described in Subsection 53B-1-102(1)(a). See Utah Code 53B-10-201
Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
Program: means the Talent Development Award Program created in Section 53B-10-202. See Utah Code 53B-10-201
Qualifying degree: means an associate's or a bachelor's degree that qualifies an individual to work in a qualifying job, as determined by the GO Utah office under Section 53B-10-203. See Utah Code 53B-10-201
Qualifying job: means a job:

(a)	described in Section 53B-10-203 for which an individual may receive an award for the current two-year period; or

(b)

(i)	that was selected in accordance with Section 53B-10-203 at the time a recipient received an award; and

(ii)

(A)	for which the recipient is pursuing a qualifying degree;

(B)	for which the recipient completed a qualifying degree; or

(C)

in which the recipient is working. See Utah Code 53B-10-201

Recipient: means an individual who receives an award. See Utah Code 53B-10-201

(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