H/ED-UNDERSERVED POP LOAN PROG House SponsorsRep. Mary E. Flowers 12/3/2014HouseSession Sine Die New Act30 ILCS 105/5.826 new Creates the Underserved Population Loan Program Act and Amends the State Finance Act. Creates an interest-free loan program, which shall be known as the Underserved Population Loan Program, to be administered by the Illinois Student Assistance Commission to provide encouragement to, an opportunity for, and an incentive for qualified persons to pursue a baccalaureate degree at a public university. Requires the Commission to consider applications for participation in the Program each academic year. Sets forth eligibility requirements for participation in the Program, including requiring an applicant to have insufficient funds to pay for the costs of attending a public university. Requires the Commission to enter into a Program agreement with each Program participant; provides that prior to receiving a loan under the Program, a participant must sign the Program agreement; and sets forth what the participant must pledge to do. Contains provisions concerning the loans, the Underserved Population Loan Program Fund, and rules. Effective immediately. 7/26/2013HouseFiled with the Clerk by Rep. Mary E. Flowers 10/22/2013HouseFirst Reading 10/22/2013HouseReferred to Rules Committee 2/11/2014HouseAssigned to Higher Education Committee 3/28/2014HouseRule 19(a) / Re-referred to Rules Committee 12/3/2014HouseSession Sine Die