State of Illinois
92nd General Assembly
Legislation

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[ Introduced ][ Enrolled ][ House Amendment 001 ]


92_SB0406eng

 
SB406 Engrossed                                LRB9202508NTsb

 1        AN   ACT   in   relation   to  higher  education  student
 2    assistance.

 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.   Each student  who  is
 
SB406 Engrossed             -2-                LRB9202508NTsb
 1    awarded  a grant under this Section and is enrolled in summer
 2    school classes shall be eligible for a summer  school  grant.
 3    The summer school grant amount shall not exceed the lesser of
 4    50  percent  of the maximum annual grant amount authorized by
 5    this Section or the actual cost of tuition and  fees  at  the
 6    institution  at  which  the  student  is  enrolled  at  least
 7    part-time.   For  the  regular  academic year, the Commission
 8    shall determine the  grant  amount  for  each  full-time  and
 9    part-time  student,  which  shall  be  the  smallest  of  the
10    following amounts:
11             (1)  $4,968  $4,740 for 2 semesters or 3 quarters of
12        full-time undergraduate enrollment or $2,484 $2,370 for 2
13        semesters  or  3  quarters  of  part-time   undergraduate
14        enrollment, or such lesser amount as the Commission finds
15        to be available; or
16             (2)  the  amount  which  equals the 2 semesters or 3
17        quarters  tuition  and  other  necessary  fees   required
18        generally   by   the   institution   of   all   full-time
19        undergraduate  students,  or  in  the  case  of part-time
20        students an amount of tuition and fees for 2 semesters or
21        3 quarters which shall not exceed one-half the amount  of
22        tuition and necessary fees generally charged to full-time
23        undergraduate students by the institution; or
24             (3)  such  amount  as  the  Commission  finds  to be
25        appropriate  in  view  of   the   applicant's   financial
26        resources.
27    "Tuition  and  other  necessary fees" as used in this Section
28    include the customary  charge  for  instruction  and  use  of
29    facilities  in general, and the additional fixed fees charged
30    for specified  purposes,  which  are  required  generally  of
31    nongrant  recipients  for  each academic period for which the
32    grant applicant actually enrolls, but  do  not  include  fees
33    payable  only  once  or  breakage  fees  and other contingent
34    deposits which are refundable  in  whole  or  in  part.   The
 
SB406 Engrossed             -3-                LRB9202508NTsb
 1    Commission  may prescribe, by rule not inconsistent with this
 2    Section, detailed provisions concerning  the  computation  of
 3    tuition and other necessary fees.
 4        (d)  No  applicant,  including  those presently receiving
 5    scholarship  assistance  under  this  Act,  is  eligible  for
 6    monetary award program consideration  under  this  Act  after
 7    receiving  a  baccalaureate  degree  or  the equivalent of 10
 8    semesters or 15 quarters of award payments.   The  Commission
 9    shall  determine when award payments for part-time enrollment
10    or interim or summer terms shall  be  counted  as  a  partial
11    semester or quarter of payment.
12        (e)  The  Commission, in determining the number of grants
13    to be offered, shall take into consideration past  experience
14    with  the  rate  of grant funds unclaimed by recipients.  The
15    Commission shall notify applicants that grant  assistance  is
16    contingent upon the availability of appropriated funds.
17        (f)  The   Commission   may  request  appropriations  for
18    deposit into the Monetary Award Program Reserve Fund.  Monies
19    deposited into the Monetary Award Program Reserve Fund may be
20    expended exclusively for one purpose: to make Monetary  Award
21    Program  grants  to eligible students.  Amounts on deposit in
22    the Monetary Award Program Reserve Fund may not exceed 2%  of
23    the current annual State appropriation for the Monetary Award
24    Program.
25        The purpose of the Monetary Award Program Reserve Fund is
26    to enable the Commission each year to assure as many students
27    as possible of their eligibility for a Monetary Award Program
28    grant  and to do so before commencement of the academic year.
29    Moneys deposited in this Reserve Fund are intended to enhance
30    the Commission's management of the  Monetary  Award  Program,
31    minimizing   the   necessity,  magnitude,  and  frequency  of
32    adjusting award amounts and ensuring that the annual Monetary
33    Award Program appropriation can be fully utilized.
34        (g)  The Commission shall determine  the  eligibility  of
 
SB406 Engrossed             -4-                LRB9202508NTsb
 1    and   make   grants   to  applicants  enrolled  at  qualified
 2    for-profit institutions in accordance with the  criteria  set
 3    forth   in  this  Section.   The  eligibility  of  applicants
 4    enrolled at such for-profit institutions shall be limited  as
 5    follows:
 6             (1)  Beginning  with the academic year 1997, only to
 7        eligible  first-time  freshmen  and  first-time  transfer
 8        students who have attained an associate degree.
 9             (2)  Beginning with the academic year 1998, only  to
10        eligible  freshmen  students,  transfer students who have
11        attained an associate degree, and students who receive  a
12        grant  under paragraph (1) for the academic year 1997 and
13        whose grants are being  renewed  for  the  academic  year
14        1998.
15             (3)  Beginning  with  the academic year 1999, to all
16        eligible students.
17    (Source: P.A. 90-122, eff.  7-17-97;  90-647,  eff.  7-24-98;
18    90-769,  eff.  8-14-98;  91-249,  eff.  7-22-99; 91-250, eff.
19    7-22-99; 91-357, eff. 7-29-99; 91-747, eff. 7-1-00.)

20        Section 99.  Effective date.  This Act  takes  effect  on
21    July 1, 2001.

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