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IL SB1510

IL SB1510
NURSE EDUCATR-SCHOLARSHIP FUND


summary

Introduced
02/04/2025
In Committee
06/02/2025
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Amends the Nursing Education Scholarship Law. Creates the Nurse Educator Scholarship Fund as a special fund in the State treasury. Provides that all money in the Nurse Educator Scholarship Fund shall be used, subject to appropriation, by the Department of Public Health to provide scholarships to nurse educators. Provides that each fiscal year, beginning July 1, 2025, the State Comptroller shall transfer $1,500,000 from the General Revenue Fund to the Nurse Educator Scholarship Fund to implement the nurse educator scholarship provisions. Makes a conforming change in the State Finance Act. Amends the Nurse Practice Act. Provides that, for fiscal year 2026 and for each fiscal year thereafter, $6,000,000 (instead of $4,000,000) of the moneys deposited in the Nursing Dedicated and Professional Fund each year shall be set aside and appropriated to the Illinois Student Assistance Commission for nursing scholarships awarded pursuant to the Nursing Education Scholarship Law. Effective immediately.

AI Summary

This bill establishes the Nurse Educator Scholarship Fund, a special fund within the State treasury designed to support scholarships for nurse educators. Beginning July 1, 2025, the State Comptroller will transfer $1,500,000 annually from the General Revenue Fund to this new scholarship fund. The bill modifies existing laws to increase funding for nursing scholarships, specifically raising the annual allocation from the Nursing Dedicated and Professional Fund from $4,000,000 to $6,000,000 starting in fiscal year 2026. Scholarships will be awarded to qualified applicants who are Illinois residents, enrolled in graduate nursing programs, and willing to meet a nurse educator employment obligation after graduation. Applicants will be prioritized based on factors such as financial need, current nursing status, and academic merit. Recipients must work as nurse educators for a specified period after graduation or potentially repay the scholarship funds with interest. The bill aims to address nursing education workforce needs by providing financial support to individuals pursuing careers as nursing educators, with provisions for deferment or repayment in specific circumstances like military service, further education, disability, or inability to find work in the field.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Rule 3-9(a) / Re-referred to Assignments (on 06/02/2025)

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