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92_HB4946eng HB4946 Engrossed LRB9211194NTpkA 1 AN ACT relating to 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. Silas Purnell Illinois Incentive for Access 8 grant program. 9 (a) The Commission each year shall determine eligibility 10 for the Illinois Incentive for Access grant from applications 11 received for Monetary Award Program grant assistance under 12 Section 35 of this Act. An applicant shall be determined as 13 eligible for an Illinois Incentive for Access grant under 14 this Section when the Commission finds that the applicant: 15 (1) is a resident of this State and a citizen or 16 permanent resident of the United States; 17 (2) has limitednopersonal or family financial 18 resources available for expenditure on educational 19 expenses, as defined by current federal student financial 20 aid methodology; 21 (3) has not already received a baccalaureate 22 degree; and 23 (4) is enrolled at least one-half time as a 24 freshman undergraduate student at an approved Illinois 25 institution of higher learning participating in the 26 Monetary Award Program administered by the Commission. 27 (b) Subject to a separate appropriation made for 28 purposes of awarding grants under this Section, Illinois 29 Incentive for Access grants shall be paid in multiple 30 disbursements as determined by the Commission (i) in an 31 amount not to exceed $1,000$500per applicant per year for HB4946 Engrossed -2- LRB9211194NTpkA 1 applicants with an expected family contribution of $0, as 2 defined by current federal student aid methodology, and (ii) 3 in an amount not to exceed $500 for applicants with an 4 expected family contribution of $500 or less but more than 5 $0, as defined by current federal student aid methodology. 6 In awarding grants, the Commission shall give priority to 7 applicants with an expected family contribution of $0. No 8 recipient may receive a grant under this Section for more 9 than 2 semesters or 3 quarters of award payments. 10 (c) Eligibility for grants awarded under this Section 11 shall be determined solely on the basis of the financial 12 resources of the applicant and the applicant's family. Cost 13 of attendance at the institution in which the applicant is 14 enrolled shall not affect eligibility for an award, except 15 that State student financial assistance awarded under this 16 Act, including the Illinois Incentive for Access award, may 17 not exceed the institution's cost of attendance. 18 (d) The Commission shall notify applicants that grant 19 assistance is contingent upon availability of appropriated 20 funds. 21 (e) The Commission shall submit a written evaluation of 22 the Illinois Incentive for Access program to the Governor, 23 the General Assembly, and the Board of Higher Education on or 24 before October 1, 1999, including a report of the progress 25 made toward the goal of increasing the access and retention 26 rates for Illinois Incentive for Access grant recipients. 27 (Source: P.A. 89-512, eff. 7-11-96.) 28 Section 99. Effective date. This Act takes effect on 29 July 1, 2003.