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: (Introduced) 2018-04-13 - Rule 19(a) / Re-referred to Rules Committee [HB5514 Detail]

Download: Illinois-2017-HB5514-Introduced.html


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

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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1 AN ACT concerning education.
2 Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4 Section 5. The State Finance Act is amended by adding
5Section 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
9amended 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
13University of Illinois, Southern Illinois University, Chicago
14State University, Eastern Illinois University, Governors State
15University, Illinois State University, Northeastern Illinois
16University, Northern Illinois University, Western Illinois
17University, any public community college in this State, or any
18other public university, college, or community college now or
19hereafter established or authorized by the General Assembly.
20 (b) The Commission shall implement and administer a program
21to award First-Year College Promise grants to all eligible

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1Illinois residents seeking an associate or bachelor's degree,
2as applicable, from a public institution. The following terms
3and 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
24shall, by rule, develop the selection criteria for students.
25 (d) The First-Year College Promise Fund is created as a
26special fund in the State treasury. The Fund shall consist of

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1money appropriated by the General Assembly. All money in the
2Fund shall only be used, subject to appropriation, by the
3Commission for the purposes of this Section.
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