Section 1020.20  Classes of Grants

a)         Illinois Resident Grants – Annual stabilization grants that shall be distributed at an equal amount within a program and level for each Illinois resident enrollee or full-time-equivalent Illinois resident enrollee.

b)         Minority Incentive Grants – Annual stabilization grants, awarded in addition to Illinois Resident Grants that shall be distributed at an equal amount within a program and level for each Illinois resident minority enrollee or each full-time-equivalent Illinois resident minority enrollee.

c)         Program Priority Grants – Grants that may be awarded in addition to the Illinois Resident Grants and Minority Incentive Grants and that shall be distributed at an equal amount within a  program and level for each Illinois resident or full-time-equivalent Illinois resident enrollee.

1)         The Board may annually allocate up to 10 percent of appropriated funds to support program priority grants. (Section 4 of the Act)

2)         In determining program priority grants, the Board shall annually consult with constituent institutions. (Section 4 of the Act)

(Source:  Amended at 30 Ill. Reg. 7745, effective April 5, 2006)