TITLE 23: EDUCATION AND CULTURAL RESOURCES
SUBTITLE A: EDUCATION CHAPTER XIX: ILLINOIS STUDENT ASSISTANCE COMMISSION PART 2766 AIM HIGH GRANT PROGRAM SECTION 2766.15 DEFINITIONS
Section 2766.15 Definitions
"Baseline Awards" means the total amount of qualifying non-loan financial aid the public university campus awarded to its Illinois resident undergraduate students in academic year 2017-18 or academic year 2021-22, whichever is less, not including the summer terms.
"Illinois High School" − any high school located in Illinois whether or not recognized by the State Board of Education. [110 ILCS 947/65.100]
"Maintenance of Effort" or "MOE" − a requirement that in the academic year AIM HIGH funds are received by the public university campus, the total amount of qualifying non-loan financial aid the public university campus awards to its Illinois resident undergraduate students must be at least as much as its baseline awards and shall not include AIM HIGH funded awards or matching requirement awards made in that academic year.
"Matching Requirement" − a requirement that the public university campus use its own funds in the academic year for which the AIM HIGH funds are used to match those AIM HIGH funds as required by 110 ILCS 947/65.100(f), to award non-loan financial aid to its students who meet at least the qualifications described in Section 2766.50(b).
"Public University" − any public 4-year university in Illinois. [110 ILCS 947/10]
"Public University Campus" − any campus under the governance or supervision of a public university. [110 ILCS 947/10]
"Qualifying Non-loan Financial Aid" – non-loan financial aid, the awarding of which is mostly within the control of the public university campus. The data requested to demonstrate this awarding shall be determined by ISAC and shall be applied uniformly across university campuses.
"Resident of Illinois" or "Illinois Resident" − defined by the laws governing eligibility for in-state tuition at the public university campus.
(Source: Amended at 48 Ill. Reg. 4495, effective March 8, 2024) |