The community colleges and the authority are authorized to
fund high technology apprenticeship programs which comply with the requirements
specified in Iowa Code section 260C44. and which may include both new and
statewide apprenticeship programs. Notwithstanding the provisions of Iowa Code
section 260F6(2)., relating to maximum award amounts, moneys allocated to the
community colleges with high technology apprenticeship programs shall be
distributed to the community colleges based upon contact hours under the
programs administered during the prior fiscal year as determined by the
department of education.
(1) An
apprenticeship sponsor must have a designated community college to serve as the
project coordinator.
(2) The
designated community college shall serve as the apprenticeship sponsor's
representative and shall serve as the authority's contact regarding all project
matters.
(3) If more than one
community college is involved in the project, the participating community
colleges shall designate one college as the project's representative.
(4) Apprenticeship Application for
Assistance, Form 260F-1D, shall be signed by the community college or, in the
case of a multicollege project, by each participating community college and
shall be submitted by the community college to the authority for project
approval.
(5) The community college
shall enter into a training contract with the apprenticeship sponsor within 90
days of written notice of application approval from the authority, using
Apprenticeship Training Contract, Form 260F-4D.
(6) All authority communications concerning
an apprenticeship project, including notice of project approval or denial and
issuance of financial awards, shall be with the community college.
(7) All default provisions specified in
261-7.30 (260F) shall apply to college-sponsored apprenticeship training
projects.
(8) In the event of a
default, a financial penalty will be assigned by the authority to the
apprenticeship sponsor identified by the designated community college as being
responsible for the default.
(9)
Each apprenticeship sponsor that participates in the project shall complete a
Final Performance Report, Form 260F-5A, at the completion of training as a
condition of the loan's being forgiven.
