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ISAC Rules, Part 2757.30
All applicants must submit a complete Veterans’ Home Nurse Loan Repayment application to ISAC each year. The Veterans’ Home Nurse Loan Repayment application is available to print from College Zone and at all Illinois approved institutions that have practical or professional nursing programs.
All applicants should review the General Information and Instructions and the Eligibility Requirements sections on the second page of the application before signing the Borrower’s Loan Repayment Request and Certification in Section 2. The administrator of the veterans’ home where the applicant is employed must complete Section 3. The following required document must be submitted with the completed application:
- a copy of the statement from the institution(s) currently holding the eligible loan(s) that shows the outstanding balance on the account to which these proceeds are to be applied.
- if the applicant is a prior recipient, a copy of the payment history from the last institution(s) to which the Veterans’ Home Nurse Loan Repayment proceeds were paid. The Veterans’ Home Nurse Loan Repayment payment transaction must be clearly identified.
If the application is incomplete, a letter will be sent to the applicant to request the missing information. Processing cannot take place prior to the date a complete application is received in ISAC's Deerfield office.
Renewal applicants must submit an application each year, and may also be required to submit a history of prior awards in order to demonstrate that program proceeds were used for eligible educational loans.
Return the completed original application and required documentation to:
Illinois Student Assistance Commission Attention: Compliance D-4 1755 Lake Cook Road Deerfield, IL
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