92nd General Assembly
Summary of HB4364
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House Sponsors:
GILES-HOWARD-ERWIN-DAVIS,MONIQUE-COLVIN AND BOLAND.

Senate Sponsors:
LIGHTFORD

Short description: 
HIGH ED-INCENTIVE ACCESS GRANT                                             

Synopsis of Bill as introduced:
        Amends  the  Higher  Education  Student  Assistance  Act.  Allows      
   Illinois Incentive for  Access  grants  to  be  awarded  to  sophomore      
   undergraduate   students   (not  just  freshmen)  beginning  with  the      
   2003-2004 academic year. Provides that the  maximum  amount  paid  per      
   applicant  per  year  is  (i) $750 for the 2002-2003 academic year and      
   $1,000 for the 2003-2004 and subsequent academic years for  applicants      
   with  an  expected  family  contribution  of  $0,  (ii)  $375  for the      
   2002-2003  academic  year  for  applicants  with  an  expected  family      
   contribution of $375 or less but more than $0, and (iii) $500 for  the      
   2003-2004  and subsequent years for applicants with an expected family      
   contribution of $500 or less but more than $0. Requires the Commission      
   to give priority to applicants with an expected family contribution of      
   $0. Effective July 1, 2002.                                                 
        HOUSE AMENDMENT NO. 1.                                                 
        Provides that beginning  with  the  2003-2004  academic  year,  a      
   recipient  may  not receive an Illinois Incentive for Access grant for      
   more than 4  semesters  or  6  quarters  of  award  payments  (now,  a      
   recipient  is  prohibited  from  receiving  a  grant  for  more than 2      
   semesters or 3 quarters of award payments).                                 
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status