WATSON-LIGHTFORD AND DEMUZIO.
HIGH ED-INCREASE MAP GRANT AMT
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 $4,968 (from $4,740) and for part-time undergraduate
students to $2,484 (from $2,370). Effective July 1, 2001.
HOUSE AMENDMENT NO. 1.
Adds reference to:
110 ILCS 210/3 from Ch. 144, par. 1333
110 ILCS 210/4 from Ch. 144, par. 1334
110 ILCS 210/5 from Ch. 144, par. 1335
110 ILCS 210/7 from Ch. 144, par. 1337
110 ILCS 215/4 from Ch. 111 1/2, par. 824
110 ILCS 930/9 from Ch. 144, par. 2309
110 ILCS 947/113
110 ILCS 947/145
Amends the Illinois Financial Assistance Act for Nonpublic
Institutions of Higher Learning, the Health Services Education Grants
Act, and the Illinois Consortium for Educational Opportunity Act.
Makes changes concerning grants for nonpublic institutions of higher
learning, the Board of Higher Education reporting its activities under
the Illinois Financial Assistance Act for Nonpublic Institutions of
Higher Learning, grants made to health-related schools and programs
and to hospitals and clinical facilities used in health service
training programs, and the amount of an award under the Illinois
Consortium for Educational Opportunity Program. Further amends the
Higher Education Student Assistance Act. Provides that at the request
of the Executive Director of the Commission, the Comptroller shall
transfer funds from the Federal Student Loan Fund into the Student
Loan Operating Fund. Increases to $3,500,000,000 (from $2,100,000,000)
the aggregate principal amount of bonds (other than refunding bonds)
issued by the Commission under the Education Loan Purchase Program Law
that may be outstanding at any one time. Varied effective date.
Last action on Bill: PUBLIC ACT.............................. 92-0045
Last action date: JUN-29-2001
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0
END OF INQUIRY
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