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| | HB5938 Engrossed | | LRB099 15938 SXM 40255 b |
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| 1 | | AN ACT concerning education.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Veterans' Home Medical Providers' Loan |
| 5 | | Repayment Act is amended by changing Sections 1, 5, and 20 as |
| 6 | | follows:
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| 7 | | (110 ILCS 972/1)
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| 8 | | Sec. 1. Short title. This Act may be cited as the Veterans' |
| 9 | | Home Medical Providers' Nurses' Loan Repayment Act.
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| 10 | | (Source: P.A. 95-576, eff. 8-31-07.)
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| 11 | | (110 ILCS 972/5)
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| 12 | | Sec. 5. Medical Providers Nurse Loan Repayment Program. |
| 13 | | There is created, beginning July 1, 2007, the Medical Providers |
| 14 | | Nurse Loan Repayment Program to be administered by the Illinois |
| 15 | | Student Assistance Commission in consultation with the |
| 16 | | Department of Veterans' Affairs. The program shall provide |
| 17 | | assistance, subject to appropriation, to eligible physicians |
| 18 | | and nurses.
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| 19 | | (Source: P.A. 95-576, eff. 8-31-07.)
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| 20 | | (110 ILCS 972/20)
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| 21 | | Sec. 20. Eligibility.
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| | HB5938 Engrossed | - 2 - | LRB099 15938 SXM 40255 b |
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| 1 | | (a) The Commission shall, on an annual basis, receive and |
| 2 | | consider applications for grant assistance under the program. |
| 3 | | An applicant is eligible for a grant under the program if the |
| 4 | | Commission finds that the applicant:
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| 5 | | (1) is a United States citizen or permanent
resident;
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| 6 | | (2) is a resident of Illinois;
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| 7 | | (3) is working as a physician, certified nurse |
| 8 | | practitioner, registered professional nurse, certified |
| 9 | | nursing assistant, or licensed practical nurse in a State |
| 10 | | veterans' home;
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| 11 | | (4) is a borrower with an outstanding balance due
on an |
| 12 | | educational loan; and
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| 13 | | (5) has not defaulted on an educational loan.
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| 14 | | (b) Preference may be given to previous recipients of a |
| 15 | | grant under the program, provided that the recipient continues |
| 16 | | to meet the eligibility requirements set forth in this Section.
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| 17 | | (c) For each year during which an individual receives a |
| 18 | | grant under this program, he or she must fulfill a separate |
| 19 | | 12-month period as a physician, certified nurse practitioner, |
| 20 | | registered professional nurse, certified nursing assistant, or |
| 21 | | licensed practical nurse in a State veterans' home.
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| 22 | | (Source: P.A. 95-576, eff. 8-31-07.)
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| 23 | | Section 99. Effective date. This Act takes effect upon |
| 24 | | becoming law.
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