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IL SB1306

IL SB1306
$ISAC-HUMAN SERVICE LOAN REPAY


summary

Introduced
01/28/2025
In Committee
02/04/2025
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Appropriates $7,500,000 to the Illinois Student Assistance Commission for the Human Services Professional Loan Repayment Program. Effective July 1, 2025.

AI Summary

This bill appropriates $7,500,000 from the Illinois Student Assistance Commission Contracts and Grants Fund to the Illinois Student Assistance Commission specifically for the Human Services Professional Loan Repayment Program. The purpose of this funding is to help human services professionals pay off their student loans, which can be a significant financial burden for workers in fields like social work, counseling, and community health. The appropriation is set to become effective on July 1, 2025, and the bill allows for the full $7,500,000 to be used, with the flexibility to use less if the full amount is not needed. This type of loan repayment program is designed to support and incentivize professionals who work in critical human services roles, potentially helping to address workforce shortages and retain talented individuals in important public service sectors.

Committee Categories

Budget and Finance

Sponsors (9)

Last Action

Pursuant to Senate Rule 3-9(b) / Referred to Assignments (on 07/02/2025)

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