Full Text of HB5723 93rd General Assembly
HB5723 93RD GENERAL ASSEMBLY
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93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004 HB5723
Introduced 2/6/2004, by Michael J. Madigan SYNOPSIS AS INTRODUCED: |
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Amends the Higher Education Student Assistance Act. Makes a technical change
in a Section concerning the Monetary Award Program.
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A BILL FOR
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HB5723 |
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LRB093 16969 NHT 42626 b |
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| AN ACT regarding financial assistance.
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| Be it enacted by the People of the State of Illinois, | 3 |
| represented in the General Assembly:
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| Section 5. The Higher Education Student Assistance Act is | 5 |
| amended by
changing Section 35 as follows:
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| (110 ILCS 947/35)
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| Sec. 35. Monetary award program.
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| (a) The Commission shall, each year, receive and consider | 9 |
| applications
for grant assistance under this Section. Subject | 10 |
| to a separate
appropriation for such purposes, an applicant is | 11 |
| eligible for a grant under
this Section if
when the Commission | 12 |
| finds that the applicant:
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| (1) is a resident of this State and a citizen or | 14 |
| permanent resident
of the United States; and
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| (2) in the absence of grant assistance, will be | 16 |
| deterred by
financial considerations from completing an | 17 |
| educational program at the
qualified institution of his or | 18 |
| her choice.
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| (b) The Commission shall award renewals only upon the | 20 |
| student's application
and upon the Commission's finding that | 21 |
| the applicant:
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| (1) has remained a student in good standing;
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| (2) remains a resident of this State; and
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| (3) is in a financial situation that continues to | 25 |
| warrant assistance.
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| (c) All grants shall be applicable only to tuition and | 27 |
| necessary fee costs
for 2 semesters or 3 quarters in an | 28 |
| academic year. Requests for summer term
assistance will be made | 29 |
| separately and shall be considered on an individual
basis | 30 |
| according to Commission policy. Each student who is
awarded a
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| grant under this Section and is enrolled in summer school | 32 |
| classes shall be
eligible for a summer school grant. The summer |
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HB5723 |
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LRB093 16969 NHT 42626 b |
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| school grant amount shall not
exceed the lesser of 50 percent | 2 |
| of the maximum annual grant amount authorized
by this Section | 3 |
| or the actual cost of tuition and fees at the institution at
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| which the student is enrolled at least part-time. For the
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| regular academic
year, the Commission shall determine the grant
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| amount for each full-time and part-time student, which shall be | 7 |
| the smallest of
the following amounts:
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| (1) $4,968 for 2 semesters or 3 quarters of full-time
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| undergraduate enrollment or $2,484 for 2 semesters or 3
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| quarters of part-time undergraduate enrollment, or such | 11 |
| lesser amount as
the Commission finds to be available; or
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| (2) the amount which equals the 2 semesters or 3 | 13 |
| quarters tuition
and other necessary fees required | 14 |
| generally by the institution of all
full-time | 15 |
| undergraduate students, or in the case of part-time | 16 |
| students
an amount of tuition and fees for 2 semesters or 3 | 17 |
| quarters which shall
not exceed one-half the amount of | 18 |
| tuition and necessary fees generally
charged to full-time | 19 |
| undergraduate students by the institution; or
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| (3) such amount as the Commission finds to be | 21 |
| appropriate in view of
the applicant's financial | 22 |
| resources.
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| "Tuition and other necessary fees" as used in this Section | 24 |
| include the
customary charge for instruction and use of | 25 |
| facilities in general, and the
additional fixed fees charged | 26 |
| for specified purposes, which are required
generally of | 27 |
| nongrant recipients for each academic period for which the | 28 |
| grant
applicant actually enrolls, but do not include fees | 29 |
| payable only once or
breakage fees and other contingent | 30 |
| deposits which are refundable in whole or in
part. The | 31 |
| Commission may prescribe, by rule not inconsistent with this
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| Section, detailed provisions concerning the computation of | 33 |
| tuition and other
necessary fees.
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| (d) No applicant, including those presently receiving | 35 |
| scholarship
assistance under this Act, is eligible for monetary | 36 |
| award program
consideration under this Act after receiving a |
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HB5723 |
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LRB093 16969 NHT 42626 b |
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| baccalaureate degree or
the equivalent of 10 semesters or 15 | 2 |
| quarters of award payments. The
Commission shall determine when | 3 |
| award payments for part-time enrollment
or interim or summer | 4 |
| terms shall be counted as a partial semester or
quarter of | 5 |
| payment.
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| (e) The Commission, in determining the number of grants to | 7 |
| be offered,
shall take into consideration past experience with | 8 |
| the rate of grant funds
unclaimed by recipients. The Commission | 9 |
| shall notify applicants that grant
assistance is contingent | 10 |
| upon the availability of appropriated funds.
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| (f) The Commission may request appropriations for deposit | 12 |
| into the
Monetary Award Program Reserve Fund. Monies deposited | 13 |
| into the Monetary Award
Program Reserve Fund may be expended | 14 |
| exclusively for one purpose: to make
Monetary Award Program | 15 |
| grants to eligible students. Amounts on deposit in the
Monetary | 16 |
| Award Program Reserve Fund may not exceed 2% of the current | 17 |
| annual
State appropriation for the Monetary Award Program.
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| The purpose of the Monetary Award Program Reserve Fund is | 19 |
| to enable the
Commission each year to assure as many students | 20 |
| as possible of their
eligibility for a Monetary Award Program | 21 |
| grant and to do so before commencement
of the academic year. | 22 |
| Moneys deposited in this Reserve Fund are intended to
enhance | 23 |
| the Commission's management of the Monetary Award Program, | 24 |
| minimizing
the necessity, magnitude, and frequency of | 25 |
| adjusting award amounts and ensuring
that the annual Monetary | 26 |
| Award Program appropriation can be fully utilized.
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| (g) The Commission shall determine the eligibility of and | 28 |
| make grants to
applicants enrolled at qualified for-profit | 29 |
| institutions in accordance with the
criteria set forth in this | 30 |
| Section. The eligibility of applicants enrolled at
such | 31 |
| for-profit institutions shall be limited as follows:
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| (1) Beginning with the academic year 1997, only to | 33 |
| eligible first-time
freshmen and
first-time transfer | 34 |
| students who have attained an associate degree.
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| (2) Beginning with the academic year 1998, only to | 36 |
| eligible freshmen
students,
transfer students who have |
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| attained an associate degree, and students who
receive a | 2 |
| grant under paragraph (1) for the academic year 1997 and | 3 |
| whose grants
are being renewed for the academic year 1998.
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| (3) Beginning with the academic year 1999, to all | 5 |
| eligible students.
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| (Source: P.A. 91-249, eff. 7-22-99; 91-250, eff. 7-22-99; | 7 |
| 91-357, eff.
7-29-99; 91-747, eff. 7-1-00; 92-45, eff. 7-1-01.)
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