(a) On or before March 1, 2024, and each year thereafter, the Division of Higher Education shall report to the Joint Budget Committee, or if the General Assembly is not in session, the Legislative Council and the Governor’s office, the following information:

1. (1) The total number of academy attendees enrolled in each eligible postsecondary institution’s Arkansas Teacher Academy in the current academic year; and
2. (2) The total number of Arkansas Teacher Academy graduates receiving induction services in the current academic year.

(b) On or before September 1, 2024, and each year thereafter, the division shall report to the Governor, President Pro Tempore of the Senate, and Speaker of the House of Representatives, with a copy submitted to the Secretary of State, the following information:

1. (1) The total number of academy attendees enrolled in each institution’s Arkansas Teacher Academy by year of college enrollment;
2. (2) The percentage of academy attendees who complete each year of an institution’s Arkansas Teacher Academy that plans to continue to the subsequent year, delineated by each teacher preparation program offered by each institution as part of the Arkansas Teacher Academy;
3. (3) The number of academy attendees who are currently teachers and who complete a program of study through an institution’s Arkansas Teacher Academy;
4. (4) The number of academy attendees who are currently teaching in an Arkansas public school as part of an agreement for receiving a scholarship pursuant to this part;
5. (5) The total number of Arkansas Teacher Academy graduates receiving induction services;

6. (6) The number of academy attendees who:

   1. (A) Have defaulted on their obligations defined in this part; and
   2. (B) Are in repayment agreements;
7. (7) The number of academy attendees who have deferred repayment agreements;
8. (8) The number of academy attendees who have completed repayment agreements;
9. (9) The methodology for distributing any moneys appropriated for Arkansas Teacher Academy scholarships and the amounts distributed to each institution; and
10. (10) The amount of any unused moneys in the fund from the previous fiscal year.