Full Text of HB5514 100th General Assembly
HB5514 100TH GENERAL ASSEMBLY |
| | 100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018 HB5514 Introduced , by Rep. Justin Slaughter SYNOPSIS AS INTRODUCED: |
| 30 ILCS 105/5.886 new | | 110 ILCS 947/23 new | |
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Amends the State Finance Act to create the First-Year College Promise Fund as a special fund in the State treasury. Amends the Higher Education Student Assistance Act. Requires the Illinois Student Assistance Commission to implement and administer a program to award First-Year College Promise grants to low-income Illinois residents seeking an associate degree from a public community college or a bachelor's degree from a public university. Provides that a First-Year College Promise grant shall be equal to the cost of tuition and mandatory fees at the public institution for 2 semesters of enrollment. Sets forth the terms and conditions of the program.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | | HB5514 | | LRB100 19942 AXK 35223 b |
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| 1 | | AN ACT concerning education.
| 2 | | Be it enacted by the People of the State of Illinois,
| 3 | | represented in the General Assembly:
| 4 | | Section 5. The State Finance Act is amended by adding | 5 | | Section 5.886 as follows: | 6 | | (30 ILCS 105/5.886 new) | 7 | | Sec. 5.886. The First-Year College Promise Fund. | 8 | | Section 10. The Higher Education Student Assistance Act is | 9 | | amended by adding Section 23 as follows: | 10 | | (110 ILCS 947/23 new) | 11 | | Sec. 23. First-Year College Promise program. | 12 | | (a) In this Section, "public institution" means the | 13 | | University of Illinois, Southern Illinois University, Chicago | 14 | | State University, Eastern Illinois University, Governors State | 15 | | University, Illinois State University, Northeastern Illinois | 16 | | University, Northern Illinois University, Western Illinois | 17 | | University, any public community college in this State, or any | 18 | | other public university, college, or community college now or | 19 | | hereafter established or authorized by the General Assembly. | 20 | | (b) The Commission shall implement and administer a program | 21 | | to award First-Year College Promise grants to all eligible |
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| 1 | | Illinois residents seeking an associate or bachelor's degree, | 2 | | as applicable, from a public institution. The following terms | 3 | | and conditions shall apply to the program: | 4 | | (1) To be eligible for a grant, a student must be | 5 | | admitted to and enrolled full-time, as an Illinois | 6 | | resident, in a public institution in the fall semester | 7 | | after receiving a high school diploma or a certificate of | 8 | | high school graduation from an approved high school or a | 9 | | high school equivalency certificate and must have a family | 10 | | income at or below the poverty guidelines updated | 11 | | periodically in the Federal Register by the U.S. Department | 12 | | of Health and Human Services under the authority of 42 | 13 | | U.S.C. 9902(2). | 14 | | (2) Students applying for a grant shall complete the | 15 | | First-Year College Promise grant application and the Free | 16 | | Application for Federal Student Aid. | 17 | | (3) Subject to money appropriated by the General | 18 | | Assembly from the First-Year College Promise Fund, a grant | 19 | | shall be equal to the cost of tuition and mandatory fees at | 20 | | the public institution, less all other student aid, for 2 | 21 | | semesters of enrollment. Student aid shall be credited | 22 | | first to the student's tuition and mandatory fees. | 23 | | (c) In awarding grants under this Section, the Commission | 24 | | shall, by rule, develop the selection criteria for students. | 25 | | (d) The First-Year College Promise Fund is created as a | 26 | | special fund in the State treasury. The Fund shall consist of |
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| 1 | | money appropriated by the General Assembly. All money in the | 2 | | Fund shall only be used, subject to appropriation, by the | 3 | | Commission for the purposes of this Section.
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