Bill Text: IL HB5514 | 2017-2018 | 100th General Assembly | Introduced
Bill Title: 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.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2019-01-08 - Session Sine Die [HB5514 Detail]
Download: Illinois-2017-HB5514-Introduced.html
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1 | AN ACT concerning education.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The State Finance Act is amended by adding | ||||||||||||||||||||||||||
5 | Section 5.886 as follows:
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6 | (30 ILCS 105/5.886 new) | ||||||||||||||||||||||||||
7 | Sec. 5.886. The First-Year College Promise Fund.
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8 | Section 10. The Higher Education Student Assistance Act is | ||||||||||||||||||||||||||
9 | amended by adding Section 23 as follows:
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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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