Illinois HB5463 amends the Higher Education Student Assistance Act to create a loan repayment program for school social workers and school counselors.
HB5463 amends the Higher Education Student Assistance Act to establish the Social Worker and School Counselor Shortage Loan Repayment Program. This program provides grants to qualified applicants to repay their educational loans. The Illinois Student Assistance Commission administers the program, awarding grants up to $8,000 per year for a maximum of four years. Priority is given to students who received a grant in the prior fiscal year.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.