The phase behavior of poly(styrene-block-2-vinylpyridine) copolymer solutions in an imidazolium bis(trifluoromethane), sulfonamide ([Im][TFSI]) ionic liquid has been studied using small-angle X-ray scattering (SAXS) and optical transmission characterization. Through scaling analysis of SAXS data, we demonstrate that the [Im][TFSI] ionic liquid behaves as a selective solvent toward one of the blocks. We observe lyotropic and thermotropic phase transitions that correspond qualitatively to the phase behavior observed in block copolymer melts and block copolymer solutions in Molecular solvents. In addition, we have studied the thermal properties of block copolymer solutions in the ionic liquid using differential scanning calorimetry and wide-angle X-ray scattering. We observe distinct composition regimes corresponding to the change in the block copolymer's glass transition temperature, T-g with respect to the concentration of polymer in ionic liquid. At high block copolymer concentrations, a.. salt-like" regime corresponding to an increase in the block copolymer T-g is observed, while at intermediate block copolymer concentrations, a "solvent-like" regime corresponding to a decrease in the block copolymer T-g. is observed. An unusual thermal transition consisting of crystallization and subsequent melting of the ionic liquid is observed at the lowest block copolymer concentration characterized.