Sec. 15-30. Repayment upon default; exception.

253 words·~1 min read·/il/chapter-110/act-967/15-30

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)If a recipient of a scholarship awarded under this Section fails to fulfill the work agreement required under the program, the Commission shall require the recipient to repay the amount of the scholarship or scholarships received, prorated according to the fraction of the work agreement not completed, plus interest at a rate of 5% and, if applicable, reasonable collection fees.

(b)Payments received by the Commission under this Section shall be remitted to the State Comptroller for deposit into the General Revenue Fund, except that that portion of a recipient's repayment that equals the amount in expenses that the Commission has reasonably incurred in attempting collection from that recipient shall be remitted to the State Comptroller for deposit into the ISAC Accounts Receivable Fund.

(c)A recipient of a scholarship awarded by the Commission under the program shall not be in violation of the agreement entered into pursuant to this Article if the recipient is

(i)serving as a member of the armed services of the United States,

(ii)a person with a temporary total disability, as established by a sworn affidavit of a qualified physician,

(iii)seeking and unable to find full-time employment as a nursing educator and is able to provide evidence of that fact, or

(iv)taking additional courses, on at least a half-time basis, related to nursing education. Any extension of the period during which the work requirement must be fulfilled shall be subject to limitations of duration established by the Commission.