Creates the Community Hospice and Palliative Care Professional Loan Repayment Program Act. By January 1, 2027, requires the Illinois Student Assistance Commission to establish the Community Hospice and Palliative Care Professional Loan Repayment Program, which shall be administered by the Commission. Provides that the Program shall provide loan repayment assistance to eligible hospice and palliative care professionals practicing in a hospice program that provides services in the State. Provides that, each year, the Commission shall receive and consider applications for loan repayment assistance under the Act. Sets forth provisions concerning the awarding of grants by the Commission; eligibility for the Program; hospice program work requirements; and rulemaking. Provides that the Act is repealed 10 years after the effective date of the Act. Effective immediately.