State of Illinois
91st General Assembly

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SB462 Enrolled                                 LRB9101867NTsb

 1        AN  ACT  to amend the Higher Education Student Assistance
 2    Act by changing Section 35.

 3        Be it enacted by the People of  the  State  of  Illinois,
 4    represented in the General Assembly:

 5        Section  5.   The Higher Education Student Assistance Act
 6    is amended by changing Section 35 as follows:

 7        (110 ILCS 947/35)
 8        Sec. 35. Monetary award program.
 9        (a)  The  Commission  shall,  each  year,   receive   and
10    consider   applications   for  grant  assistance  under  this
11    Section.   Subject  to  a  separate  appropriation  for  such
12    purposes, an applicant is eligible for  a  grant  under  this
13    Section when the Commission finds that the applicant:
14             (1)  is  a  resident  of this State and a citizen or
15        permanent resident of the United States; and
16             (2)  in the absence of  grant  assistance,  will  be
17        deterred  by  financial considerations from completing an
18        educational program at the qualified institution  of  his
19        or her choice.
20        (b)  The  Commission  shall  award renewals only upon the
21    student's application and upon the Commission's finding  that
22    the applicant:
23             (1)  has remained a student in good standing;
24             (2)  remains a resident of this State; and
25             (3)  is  in  a financial situation that continues to
26        warrant assistance.
27        (c)  All grants shall be applicable only to  tuition  and
28    necessary  fee  costs  for  2  semesters  or 3 quarters in an
29    academic year.  Requests for summer term assistance  will  be
30    made  separately  and  shall  be  considered on an individual
31    basis according to Commission policy.  Subject to a  separate
SB462 Enrolled              -2-                LRB9101867NTsb
 1    appropriation  for  this  purpose  beginning with fiscal year
 2    2000, each student who is awarded a grant under this  Section
 3    and  is  enrolled  in summer school classes shall be eligible
 4    for a summer school grant.  The summer  school  grant  amount
 5    shall  not  exceed  the  lesser  of 50 percent of the maximum
 6    annual grant amount authorized by this Section or the  actual
 7    cost  of  tuition  and  fees  at the institution at which the
 8    student is enrolled at  least  half-time.   For  the  regular
 9    academic  year,  the  Commission  shall  determine  the grant
10    amount for each full-time and part-time student, which  shall
11    be the smallest of the following amounts:
12             (1)  $4,530  $4,320 for 2 semesters or 3 quarters of
13        full-time undergraduate enrollment or $2,265 $2,160 for 2
14        semesters  or  3  quarters  of  part-time   undergraduate
15        enrollment, or such lesser amount as the Commission finds
16        to be available; or
17             (2)  the  amount  which  equals the 2 semesters or 3
18        quarters  tuition  and  other  necessary  fees   required
19        generally   by   the   institution   of   all   full-time
20        undergraduate  students,  or  in  the  case  of part-time
21        students an amount of tuition and fees for 2 semesters or
22        3 quarters which shall not exceed one-half the amount  of
23        tuition and necessary fees generally charged to full-time
24        undergraduate students by the institution; or
25             (3)  such  amount  as  the  Commission  finds  to be
26        appropriate  in  view  of   the   applicant's   financial
27        resources.
28    "Tuition  and  other  necessary fees" as used in this Section
29    include the customary  charge  for  instruction  and  use  of
30    facilities  in general, and the additional fixed fees charged
31    for specified  purposes,  which  are  required  generally  of
32    nongrant  recipients  for  each academic period for which the
33    grant applicant actually enrolls, but  do  not  include  fees
34    payable  only  once  or  breakage  fees  and other contingent
SB462 Enrolled              -3-                LRB9101867NTsb
 1    deposits which are refundable  in  whole  or  in  part.   The
 2    Commission  may prescribe, by rule not inconsistent with this
 3    Section, detailed provisions concerning  the  computation  of
 4    tuition and other necessary fees.
 5        (d)  No  applicant,  including  those presently receiving
 6    scholarship  assistance  under  this  Act,  is  eligible  for
 7    monetary award program consideration  under  this  Act  after
 8    receiving  a  baccalaureate  degree  or  the equivalent of 10
 9    semesters or 15 quarters of award payments.   The  Commission
10    shall  determine when award payments for part-time enrollment
11    or interim or summer terms shall  be  counted  as  a  partial
12    semester or quarter of payment.
13        (e)  The  Commission, in determining the number of grants
14    to be offered, shall take into consideration past  experience
15    with  the  rate  of grant funds unclaimed by recipients.  The
16    Commission shall notify applicants that grant  assistance  is
17    contingent upon the availability of appropriated funds.
18        (f)  The   Commission   may  request  appropriations  for
19    deposit into the Monetary Award Program Reserve Fund.  Monies
20    deposited into the Monetary Award Program Reserve Fund may be
21    expended exclusively for one purpose: to make Monetary  Award
22    Program  grants  to eligible students.  Amounts on deposit in
23    the Monetary Award Program Reserve Fund may not exceed 2%  of
24    the current annual State appropriation for the Monetary Award
25    Program.
26        The purpose of the Monetary Award Program Reserve Fund is
27    to enable the Commission each year to assure as many students
28    as possible of their eligibility for a Monetary Award Program
29    grant  and to do so before commencement of the academic year.
30    Moneys deposited in this Reserve Fund are intended to enhance
31    the Commission's management of the  Monetary  Award  Program,
32    minimizing   the   necessity,  magnitude,  and  frequency  of
33    adjusting award amounts and ensuring that the annual Monetary
34    Award Program appropriation can be fully utilized.
SB462 Enrolled              -4-                LRB9101867NTsb
 1        (g)  The Commission shall determine  the  eligibility  of
 2    and   make   grants   to  applicants  enrolled  at  qualified
 3    for-profit institutions in accordance with the  criteria  set
 4    forth   in  this  Section.   The  eligibility  of  applicants
 5    enrolled at such for-profit institutions shall be limited  as
 6    follows:
 7             (1)  Beginning  with the academic year 1997, only to
 8        eligible  first-time  freshmen  and  first-time  transfer
 9        students who have attained an associate degree.
10             (2)  Beginning with the academic year 1998, only  to
11        eligible  freshmen  students,  transfer students who have
12        attained an associate degree, and students who receive  a
13        grant  under paragraph (1) for the academic year 1997 and
14        whose grants are being  renewed  for  the  academic  year
15        1998.
16             (3)  Beginning  with  the academic year 1999, to all
17        eligible students.
18    (Source: P.A. 89-163, eff.  7-19-95;  89-330,  eff.  8-17-95;
19    89-512,  eff.  7-11-96;  89-626,  eff.  8-9-96;  90-122, eff.
20    7-17-97; 90-647, eff. 7-24-98; 90-769, eff. 8-14-98;  revised
21    9-16-98.)

22        Section  99.  Effective date.  This Act takes effect July
23    1, 1999.

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