Synopsis As Introduced Creates the Veterinary Student Loan Repayment Program Act. Establishes the Veterinary Student Loan Repayment Program to be administered through the University of Illinois. Requires a loan recipient under the Program to enter into a program agreement under which he or she agrees to practice in (i) veterinary practice that is at least 51% devoted to large animal medicine that enhances agricultural animal health and productivity or (ii) regulatory veterinary medicine that supports public health and safety, livestock biosecurity, or food animal disease diagnosis for at least one year for each year in which he or she received a loan. Sets forth penalties for failure to satisfy a program agreement. Requires payments received by the University to be deposited with the University to support the Program. Provides that the University may not enter into any program agreement after July 1, 2019. Effective immediately.