Illinois General Assembly - Full Text of SB1773
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Full Text of SB1773  97th General Assembly


Rep. Chapin Rose

Filed: 5/10/2011





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2    AMENDMENT NO. ______. Amend Senate Bill 1773 by replacing
3everything after the enacting clause with the following:
4    "Section 5. The Higher Education Student Assistance Act is
5amended by changing Section 35 as follows:
6    (110 ILCS 947/35)
7    Sec. 35. Monetary award program.
8    (a) The Commission shall, each year, receive and consider
9applications for grant assistance under this Section. Subject
10to a separate appropriation for such purposes, an applicant is
11eligible for a grant under this Section when the Commission
12finds that the applicant:
13        (1) is a resident of this State and a citizen or
14    permanent resident of the United States; and
15        (2) in the absence of grant assistance, will be
16    deterred by financial considerations from completing an



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1    educational program at the qualified institution of his or
2    her choice.
3    (b) The Commission shall award renewals only upon the
4student's application and upon the Commission's finding that
5the applicant:
6        (1) has remained a student in good standing;
7        (2) remains a resident of this State; and
8        (3) is in a financial situation that continues to
9    warrant assistance.
10    (c) All grants shall be applicable only to tuition and
11necessary fee costs. The Commission shall determine the grant
12amount for each student, which shall not exceed the smallest of
13the following amounts:
14        (1) subject to appropriation, $5,468 for fiscal year
15    2009, $5,968 for fiscal year 2010, and $6,468 for fiscal
16    year 2011 and each fiscal year thereafter, or such lesser
17    amount as the Commission finds to be available, during an
18    academic year;
19        (2) the amount which equals 2 semesters or 3 quarters
20    tuition and other necessary fees required generally by the
21    institution of all full-time undergraduate students; or
22        (3) such amount as the Commission finds to be
23    appropriate in view of the applicant's financial
24    resources.
25    Subject to appropriation, the maximum grant amount for
26students not subject to subdivision (1) of this subsection (c)



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1must be increased by the same percentage as any increase made
2by law to the maximum grant amount under subdivision (1) of
3this subsection (c).
4    "Tuition and other necessary fees" as used in this Section
5include the customary charge for instruction and use of
6facilities in general, and the additional fixed fees charged
7for specified purposes, which are required generally of
8nongrant recipients for each academic period for which the
9grant applicant actually enrolls, but do not include fees
10payable only once or breakage fees and other contingent
11deposits which are refundable in whole or in part. The
12Commission may prescribe, by rule not inconsistent with this
13Section, detailed provisions concerning the computation of
14tuition and other necessary fees.
15    (d) No applicant, including those presently receiving
16scholarship assistance under this Act, is eligible for monetary
17award program consideration under this Act after receiving a
18baccalaureate degree or the equivalent of 135 semester credit
19hours of award payments.
20    (e) The Commission, in determining the number of grants to
21be offered, shall take into consideration past experience with
22the rate of grant funds unclaimed by recipients. The Commission
23shall notify applicants that grant assistance is contingent
24upon the availability of appropriated funds.
25    (f) The Commission may request appropriations for deposit
26into the Monetary Award Program Reserve Fund. Monies deposited



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1into the Monetary Award Program Reserve Fund may be expended
2exclusively for one purpose: to make Monetary Award Program
3grants to eligible students. Amounts on deposit in the Monetary
4Award Program Reserve Fund may not exceed 2% of the current
5annual State appropriation for the Monetary Award Program.
6    The purpose of the Monetary Award Program Reserve Fund is
7to enable the Commission each year to assure as many students
8as possible of their eligibility for a Monetary Award Program
9grant and to do so before commencement of the academic year.
10Moneys deposited in this Reserve Fund are intended to enhance
11the Commission's management of the Monetary Award Program,
12minimizing the necessity, magnitude, and frequency of
13adjusting award amounts and ensuring that the annual Monetary
14Award Program appropriation can be fully utilized.
15    (g) The Commission may not make grants to applicants
16enrolled at for-profit institutions. The Commission shall
17determine the eligibility of and make grants to applicants
18enrolled at qualified for-profit institutions in accordance
19with the criteria set forth in this Section. The eligibility of
20applicants enrolled at such for-profit institutions shall be
21limited as follows:
22        (1) Beginning with the academic year 1997, only to
23    eligible first-time freshmen and first-time transfer
24    students who have attained an associate degree.
25        (2) Beginning with the academic year 1998, only to
26    eligible freshmen students, transfer students who have



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1    attained an associate degree, and students who receive a
2    grant under paragraph (1) for the academic year 1997 and
3    whose grants are being renewed for the academic year 1998.
4        (3) Beginning with the academic year 1999, to all
5    eligible students.
6(Source: P.A. 95-917, eff. 8-26-08.)".