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| | 10100HB0765ham001 | - 2 - | LRB101 03359 AXK 56501 a |
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| 1 | | (3) He or she has outstanding student loan debt that |
| 2 | | was incurred to pay tuition costs at a public university in |
| 3 | | this State. |
| 4 | | (4) He or she has taught at a public school in this |
| 5 | | State for a minimum of 10 school years and is teaching at a |
| 6 | | public school in this State at the time of application. |
| 7 | | (b) All applications for grant assistance to be awarded |
| 8 | | under this Section shall be made to the Commission in a form as |
| 9 | | set forth by the Commission. The form of application and the |
| 10 | | information required to be set forth in the application shall |
| 11 | | be determined by the Commission, and the Commission shall |
| 12 | | require eligible applicants to submit with their applications |
| 13 | | any supporting documents that the Commission deems necessary. |
| 14 | | (c) Each grant awarded under this Section may not exceed |
| 15 | | $20,000 per applicant and may be used by the recipient only for |
| 16 | | payment toward outstanding student loan debt that was incurred |
| 17 | | to pay tuition costs at a public university in this State. A |
| 18 | | recipient may not use a grant awarded under this Section for |
| 19 | | that portion of the recipient's student loan debt used to pay |
| 20 | | room and board costs or any other costs that do not include |
| 21 | | tuition at a public university in this State. |
| 22 | | (d) The Commission must adopt rules to implement this |
| 23 | | Section.".
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