(110 ILCS 205/9.28)
Graduation incentive grant program.
(a) The graduation incentive grant program is hereby created. The program
shall be implemented and administered by the Board of Higher Education to
provide grant incentives to public universities that offer their undergraduate
students contracts under which the university commits itself to provide the
courses, programs, and support services necessary to enable the contracting
students to graduate within 4 years. Grants shall be awarded from
appropriations made to the Board of Higher Education for purposes of this
(b) To be eligible for grant consideration, a public university shall
annually file a report with the Board of Higher Education detailing its 4-year
graduation contract program. The report shall include, at a minimum, the
following information: the number of undergraduate students participating in
the program, the requirements of the 4-year graduation contracts offered by the
university, the types of additional support services provided by the university
to the contracting students, and the cost of the program.
(c) In awarding grants to public universities under
this Section, the Board of Higher Education may consider each applicant's
report data, the number of institutions wishing to participate, and such other
criteria as the Board of Higher Education determines to be appropriate.
(d) The Board of Higher Education shall annually submit to the Governor and
the General Assembly a budgetary recommendation for grants under this Section
and shall notify applicants for grant assistance that the award of grants under
this Section is contingent upon the availability of appropriated funds.
(e) The Board of Higher Education may adopt such rules as it deems necessary
for administration of the grant program created by this Section.
(Source: P.A. 90-750, eff. 8-14-98; 91-357, eff. 7-29-99.)