Under the program, for each year that a qualified applicant practices full-time in Illinois as a physician, the Department shall, subject to appropriation, award a grant to that person in an amount equal to the amount in educational loans that the person must repay that year. However, the total amount in grants that a person may be awarded under the program shall not exceed $25,000. The Department shall require recipients to use the grants to pay off their educational loans.
110 ILCS 949/30
The award of grants
Known as the Loan Repayment Assistance for Physicians Act
The act spans §§ 110-949-1 to 110-949-99 (9 sections).
P.A. 94-368, eff. 7-29-05.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.