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[ Engrossed ] | [ House Amendment 001 ] |
92_HB1851 LRB9202507NTsb 1 AN ACT regarding higher education student assistance. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 5. The Higher Education Student Assistance Act 5 is amended by changing Section 36 as follows: 6 (110 ILCS 947/36) 7 Sec. 36. Illinois Incentive for Access grant program. 8 (a) The Commission each year shall determine eligibility 9 for the Illinois Incentive for Access grant from applications 10 received for Monetary Award Program grant assistance under 11 Section 35 of this Act. An applicant shall be determined as 12 eligible for an Illinois Incentive for Access grant under 13 this 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; 16 (2) has no personal or family financial resources 17 available for expenditure on educational expenses, as 18 defined by current federal student financial aid 19 methodology; 20 (3) has not already received a baccalaureate 21 degree; and 22 (4) is enrolled at least one-half time as a 23 freshman undergraduate student at an approved Illinois 24 institution of higher learning participating in the 25 Monetary Award Program administered by the Commission. 26 (b) Subject to a separate appropriation made for 27 purposes of awarding grants under this Section, Illinois 28 Incentive for Access grants shall be paid in multiple 29 disbursements as determined by the Commission in an amount 30 not to exceed $1,000$500per applicant per year. No 31 recipient may receive a grant under this Section for more -2- LRB9202507NTsb 1 than 2 semesters or 3 quarters of award payments. 2 (c) Eligibility for grants awarded under this Section 3 shall be determined solely on the basis of the financial 4 resources of the applicant and the applicant's family. Cost 5 of attendance at the institution in which the applicant is 6 enrolled shall not affect eligibility for an award, except 7 that State student financial assistance awarded under this 8 Act, including the Illinois Incentive for Access award, may 9 not exceed the institution's cost of attendance. 10 (d) The Commission shall notify applicants that grant 11 assistance is contingent upon availability of appropriated 12 funds. 13 (e) The Commission shall submit a written evaluation of 14 the Illinois Incentive for Access program to the Governor, 15 the General Assembly, and the Board of Higher Education on or 16 before October 1, 1999, including a report of the progress 17 made toward the goal of increasing the access and retention 18 rates for Illinois Incentive for Access grant recipients. 19 (Source: P.A. 89-512, eff. 7-11-96.) 20 Section 99. Effective date. This Act takes effect on 21 July 1, 2002.