Bill
SB 2595
Provides FY2026 funding to ISAC for MAP grants, scholarships, loan-repayment programs, and agency operations, benefiting Illinois students, veterans, teachers, and social workers.
Status
- Listed status (provided): Died in Committee (02/04/2025).
- Note on record inconsistency: the legislative action log supplied shows extensive committee and floor activity afterward (committee reports, readings, and a Senate passage recorded 05/06/2025). This indicates a possible record/version update or an inconsistency in the source; final enactment status should be verified with the official legislative database.
Purpose and intent
- Primary purpose: make FY2026 appropriations to the Illinois Student Assistance Commission (ISAC) to fund the Monetary Award Program (MAP), scholarship programs, loan-repayment programs, ISAC operations, and related education assistance activities.
- The bill title also references adding a salary supplement for school psychologists, but the provided text/excerpt does not contain a specific provision implementing that supplement.
Key provisions and funding (selected, dollar amounts as introduced)
- Total funding (Synopsis): General Funds $831,447,600; Other State Funds $30,180,000; Federal Funds $59,461,100; Total $921,088,700.
- ISAC operations and outreach:
- $8,440,000 (General Revenue Fund) — ISAC operational expenses (FY ending 6/30/2026).
- $7,840,000 (GRF) — outreach, research, and training.
- $5,000,000 (ISAC Student Assistance Fund) — outreach, research, training (separate line).
- Monetary Award Program (MAP):
- $296,566,200 (General Revenue Fund) — MAP grants and up to 2% admin.
- $425,000,000 (Education Assistance Fund) — MAP grants.
- Other targeted programs:
- $50,000,000 (GRF) — AIM HIGH grants to eligible students at public universities.
- $6,000,000 (GRF) — Illinois Veterans' Grants and Illinois National Guard Grants.
- $6,000,000 (GRF) — Social Worker Scholarships and loan repayment assistance.
- $7,500,000 (ISAC Student Assistance Fund) — Community Behavioral Health Care Provider Loan Repayment Program.
- $10,750,000 total (Education Assistance Fund) — Golden Apple Scholars of Illinois (including $5,000,000 for Golden Apple Accelerators).
- $975,000 (Education Assistance Fund) — Loan Repayment for Teachers Program.
- Smaller appropriations for nurse educator loan payments, optometric scholarships, National Guard/Naval Militia scholarships, exonerated persons' grants, veterans' home medical provider loan repayment, and others.
- ISAC internal expenses (Student Loan Operating Fund): includes personal services and retirement contributions (e.g., $13,538,600 for personal services; $7,312,600 for SERS — excerpt truncated).
Who would be affected
- Primary beneficiaries: Illinois students (especially MAP recipients); recipients of targeted scholarships and grants (veterans, National Guard, minority teacher candidates, Golden Apple participants, children/dependents of fallen first responders), exonerated persons receiving education-related grants.
- Workforce and service providers: early childhood programs, social workers, community behavioral health providers, nurse educators, optometrists in training, school-related personnel (title mentions school psychologists but no text found).
- ISAC: agency funding, staffing, and program administration.
Timing and procedural notes
- Appropriations are for the fiscal year beginning July 1, 2025 (FY2026).
- MAP administrative cap: agency administrative/operational costs for the GRF MAP line limited to no more than 2% of that appropriation.
- Because of the record inconsistency on final status, confirm current status via the Illinois General Assembly website or ISAC communications before assuming funds or program changes are enacted.
Compiled from official sources — confirm details with the bill’s official record.
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