Synopsis As Introduced Amends the Diversifying Higher Education Faculty in Illinois Act. Provides that the Program Board created to administer the grant program authorized by the Act shall be comprised of 11 (rather than 21) members. Effective immediately.
Replaces everything after the enacting clause. Amends the Higher Education Student Assistance Act. With regard to the Monetary Award Program, provides that beginning with the processing of applications for the 2020-2021 academic year, the Illinois Student Assistance Commission shall annually publish a priority deadline date for renewing applicants and, subject to appropriation, a renewing applicant who files by the published priority deadline date shall receive a grant if he or she continues to meet the program's eligibility requirements; defines "renewing applicant". Provides that a renewing applicant's failure to apply by the established priority deadline date shall not disqualify him or her from receiving a grant if sufficient funding is available to provide awards after that date. Provides that beginning with the 2019-2020 academic year, the Commission may not make any Monetary Award Program grants to an applicant enrolled at a for-profit institution; except that until July 1, 2023, the Commission may award a grant renewal to an applicant enrolled at a for-profit institution if he or she otherwise meets the renewal requirements. Allows for rulemaking. Effective immediately.
Senate Floor Amendment No. 2 Removes language providing that beginning with the 2019-2020 academic year, the Illinois Student Assistance Commission may not make any Monetary Award Program grants to an applicant enrolled at a for-profit institution.
Senate Floor Amendment No. 3 Changes the definition of "renewing applicant" to mean a student attending an institution of higher learning (rather than a public institution of higher learning) who received a Monetary Award Program grant during the prior academic year.