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decrease the amount of loans that students must use to pay |
for tuition. |
(6) A modest, individually tailored tuition discount |
waiver can make the difference in choosing to attend |
college and would enhance college access for low (up to |
150% of the federal poverty level) and middle income (151% |
to 300% of the federal poverty level) families. |
(7) Even if the federally calculated financial need for |
college attendance is met, the federally determined |
Expected Family Contribution can still be a daunting |
amount. |
(8) This State is the second largest exporter of |
students in the country. |
(9) Illinois students need to be kept in this State. |
State universities in other states have adopted pricing and |
incentives that make college expenses for residents of this |
State less than in this State. |
(10) A mechanism is needed to stop the outflow of |
Illinois students to institutions in other states, |
assisting in State efforts to maintain and educate a highly |
trained workforce. |
(11) By being competitive on costs of attendance, this |
State can bring out-of-state students to this State. |
(12) The pilot program established under this Section |
will allow Eastern Illinois University to compete for |
highly qualified students who may reside in other states by |
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mitigating the effect of cost differences. |
(13) Modest tuition discounts waivers , individually |
targeted and tailored, result in enhanced revenue for |
university programs. |
(14) By increasing Eastern Illinois University's |
capacity to strategically use tuition discounting waivers , |
the University will be capable of creating enhanced tuition |
revenue by increasing enrollment yields. |
(15) The Board of Higher Education's current |
institutional tuition waiver limitation is 3% of total |
available undergraduate tuition revenue. |
(b) The Board shall establish a pilot program to increase |
the Board of Higher Education's institutional tuition waiver |
limitation for the university over a 4-year period to increase |
access to college and make college more affordable for |
undergraduate students. Under the pilot program, the |
institutional tuition waiver limitation shall be increased by 2 |
percentage points in the 2012-2013 academic year, 2 percentage |
points in the 2013-2014 academic year, 2 percentage points in |
the 2014-2015 academic year, and one percentage point in the |
2015-2016 academic year, resulting in an institutional tuition |
waiver limitation of 10% in the fourth year of the pilot |
program and thereafter . |
(c) The pilot program shall require that students who |
receive a tuition discount waiver under the pilot program be |
accepted to the university through normal admissions standards |
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and processes. Individual tuition discounts waivers granted |
under the pilot program must not exceed $2,500 per academic |
year. The pilot program shall provide a maximum of one discount |
waiver per academic year for a maximum of 4 years to each |
student in the pilot program who maintains satisfactory |
academic progress. The pilot program shall be terminated after |
the 2018-2019 2015-2016 academic year, with no new students |
receiving discounts waivers . However, notwithstanding the |
Board of Higher Education's institutional tuition waiver |
limitation, existing students receiving discounts waivers |
under the pilot program are eligible to maintain those |
discounts waivers , with satisfactory academic progress, under |
the 4-year limitation, after the 2018-2019 2015-2016 academic |
year due to maintenance of effort within their 4-year window. |
Sunset dates for discounted waiver support shall be based upon |
the first academic year in which a student receives a discount |
waiver . The sunset dates are as follows for each annual cohort |
of pilot program participants: |
(1) Cohort 1: the beginning year is 2012-2013 and the |
terminal year is 2015-2016. |
(2) Cohort 2: the beginning year is 2013-2014 and the |
terminal year is 2016-2017. |
(3) Cohort 3: the beginning year is 2014-2015 and the |
terminal year is 2017-2018. |
(4) Cohort 4: the beginning year is 2015-2016 and the |
terminal year is 2018-2019. |
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(d) Every 2 years, the The Board shall annually report to |
the Board of Higher Education on the pilot program's impact on |
tuition revenue, enrollment goals, and increasing access and |
affordability on such dates as the Board of Higher Education |
shall determine. |
(e) The Board of Higher Education may adopt any rules that |
are necessary to implement this Section. |
(f) This Section is repealed on July 1, 2022 2019 .
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(Source: P.A. 97-290, eff. 8-10-11.)
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