0006

The Veterans’ Home Nurse Medical Provider Repayment Program is intended to pay eligible educational loans as an incentive for medical providers to pursue and continue their careers at State of Illinois Veterans’ Homes.

N/A

110 ILCS 972 and 110 ILCS 947/20(f)

23 ILLINOIS ADMINISTRATIVE CODE CH. XIX, SEC. 2757

The program is intended to reward medical providers for choosing a career in a veterans' home by assisting them with repayment of student loans.

Yes

N/A

Individuals;

A qualified applicant shall be: a) a resident of Illinois; b) a United States citizen or eligible noncitizen; c) a medical provider who, for each year during which a grant is received, fulfills a separate 12 month period as a physician, certified nurse practitioner, registered professional nurse, certified nursing assistant or licensed practical nurse in a State of Illinois Veterans’ Home; d) a borrower with an outstanding balance due on an eligible educational loan; e) an individual who is not in default on a federally guaranteed educational loan and does not owe a refund on a grant or scholarship program administered by ISAC; f) a medical provider who meets licensing requirements of the Department of Financial and Professional Regulation or a certified nursing assistant who passed the State-specified examinations to be fully certified; and g) a medical provider who has completed the prescribed employment probationary period and whose employment is in good standing as determined by the Department of Veterans’ Affairs.

Individuals

Direct Payments for Specific Use

Education

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

Recipients must be a U.S. citizen or eligible non-citizen, an Illinois resident, and meet licensing requirements. They must have completed the prescribed employment probationary period and be employed in good standing at an approved Illinois veterans' home.

N/A

N/A

N/A

N/A

N/A

N/A

The program is intended to reward medical providers for choosing a career in a veterans' home by assisting them with repayment of student loans.

The Veterans' Home Nurse Loan Repayment Program is exempt from the Uniform Guidance (2 CFR 200) and the Grant Accountability and Transparency Act (30 ILCS 708) because loans are repaid on behalf of an individual beneficiary.

N/A

1755 Lake Cook Road Deerfield, IL 60015-5209

https://www.isac.org/

N/A

N/A

12/27/2021

FY 2015 : $29,300
FY 2017 : $29,300
FY 2018 : $26,400
FY 2019 : $26,400
FY 2020 : $26,400
FY 2021 : $26,400
FY 2022 : $26,400