Bill > SB1511

This bill appropriates funds to support nursing education and address nursing workforce challenges in Illinois. Specifically, it allocates $1,000,000 from the Education Assistance Fund to the Illinois Student Assistance Commission to provide grants to eligible nurse educators for paying off their educational loans, drawing from Public Act 94-1020. The bill also appropriates $1,000,000 from the General Revenue Fund to the Board of Higher Education to create nurse educator fellowships that will supplement faculty salaries, aiming to attract and retain nursing instructors. Additionally, the bill provides $1,500,000 from the General Revenue Fund for competitive grants to nursing schools to help increase the number of graduating nurses, and $6,000,000 from the Nursing Dedicated and Professional Fund to the Illinois Student Assistance Commission for expenses related to the Nursing Education Scholarship Law. These targeted investments are designed to address potential nursing shortages by supporting both current and future nursing professionals through financial assistance and educational opportunities. The bill is set to become effective on July 1, 2025.

Budget and Finance

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1511&GAID=18&DocTypeID=SB&SessionID=114&GA=104