WIRSING. 110 ILCS 947/52 Amends the Higher Education Student Assistance Act. Changes the rate of interest on the repayment of a David A. DeBolt Teacher Shortage Scholarship (for a person who fails to fulfill his or her teaching obligation) from a rate no greater than the highest rate applicable for educational loans made pursuant to Title IV, Part B of the Higher Education Act of 1965 to the rate of 5% per year. Effective immediately. 00-01-24 H FILED WITH CLERK 00-01-24 H FIRST READING 00-01-24 H REFERRED TO HOUSE RULES COMMITTEE RULES 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary