Illinois Compiled Statutes 20 ILCS 2705/2705-617 – Student loan repayment assistance for engineers pilot program
Current as of: 2024 | Check for updates
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The Department shall provide higher education student loan repayment assistance in the form of an annual after-tax bonus of $15,000 per year, for not more than 4 years, for up to 50 engineers employed by the Department, subject to the following:
(1) the engineer is a graduate of a college or
(1) the engineer is a graduate of a college or
university located in this State;
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(2) the engineer provides documentation to the
Department of the repayment of higher education student loans taken to attend a college or university located in this State;
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(3) the engineer has been employed by the
Department for at least 4 years; and
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(4) the engineer was hired by the Department on or
after July 1, 2024.
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Terms Used In Illinois Compiled Statutes 20 ILCS 2705/2705-617
- State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14