CRONIN-PHILIP-LAUZEN-FARLEY-GARCIA, GEO-KARIS AND VIVERITO.
ISAC-INCREASE MONETARY AWARDS
Synopsis of Bill as introduced:
Amends the Higher Education Student Assistance Act. Increases
the maximum monetary award program grant for full-time undergraduate
students to $4,120 (from $4,000) and for part-time undergraduate
students to $2,060 (from $2,000). Also includes, within the definition
of an institution of higher learning at which monetary award program
grants may be used, a for-profit organization that meets specified
degree and accreditation criteria in addition to other requirements
that are applicable to public and private, not-for-profit
institutions. Establishes a priority order to be followed in making
grants, beginning in academic year 1997, to students at the for-profit
organization. Effective July 1, 1997.
SENATE AMENDMENT NO. 1.
Provides that the first-time freshmen and transfer students of
qualified for-profit institutions who receive grants and those
students whose grants are to be renewed must be otherwise "eligible".
Deletes provisions requiring the Commission to adopt rules to provide
for the prioritization of such grants.
Last action on Bill: PUBLIC ACT.............................. 90-0122
Last action date: 97-07-17
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1
END OF INQUIRY
Full Text Bill Status