IL OPPORTUNITY SCHOLARSHIP Senate SponsorsSen. Kimberly A. Lightford 1/11/2005SenateSession Sine Die New ActCreates the Illinois Opportunity Scholarship Act to be administered by the Illinois Student Assistance Commission. Provides for the award, beginning with the 2004-2005 academic year, of undergraduate scholarships, renewable for up to 4 years, for use at institutions of higher education located in the State. Establishes criteria for the initial award and for renewal of the scholarships. Provides that the annual amount of a scholarship shall be equal to the tuition and mandatory fees for a full-time undergraduate student at the institution of higher education at which the scholarship recipient is enrolled, not to exceed the equivalent expense for such a full-time undergraduate, in-state student at the University of Illinois, plus a $200 book allowance. Effective January 1, 2004. 2/5/2003SenateFiled with Secretary by Sen. Kimberly A. Lightford 2/5/2003SenateFirst Reading 2/5/2003SenateReferred to Rules 2/6/2003SenateAssigned to Education 3/12/2003SenateTo Subcommittee 3/14/2003SenateRule 3-9(a) / Re-referred to Rules 1/11/2005SenateSession Sine Die