(a) The Commission shall, each year, receive and consider applications for grant assistance under this Section. An applicant is eligible for a grant under this Section if the Commission finds that the applicant:
         (1) has been in the legal custody of his or her
    
grandparent and received public aid assistance under the Illinois Public Aid Code for a period of at least the consecutive 12 months preceding the initial application for assistance under this Section;
        (2) has graduated from high school with a cumulative
    
grade point average of at least a 2.7 on a 4.0 scale or its equivalent;
        (3) has been recommended for assistance under this
    
Section by the principal or other appropriate administrative officer of his or her high school; and
        (4) is enrolled in or plans to enroll in an
    
institution of higher learning in this State full-time.
    (b) Applicants who are determined to be eligible for assistance under this Section shall receive, subject to appropriation, a renewable grant of $1,000 to be applied to tuition and mandatory fees and paid directly to the institution of higher learning at which the applicant is enrolled. However, the total amount of assistance awarded by the Commission under this Section to an individual in any fiscal year, when added to other financial assistance awarded by the Commission to that individual for that fiscal year, must not exceed the cost of attendance at the institution of higher learning at which the student is enrolled.

Terms Used In Illinois Compiled Statutes 110 ILCS 947/65.75

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • individual: shall include every infant member of the species homo sapiens who is born alive at any stage of development. See Illinois Compiled Statutes 5 ILCS 70/1.36
  • State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14

     (c) A grant awarded under this Section may be renewed for a total of up to 4 years of full-time enrollment. All of the following are conditions of grant renewal:
         (1) The student must provide the Commission with a
    
recommendation for the grant by an academic counselor, advisor, or instructor at the student’s institution of higher learning.
        (2) The student must have, at the time of renewal, a
    
cumulative grade point average of at least a 2.7 on a 4.0 scale or its equivalent at the institution of higher learning.
    (d) The Commission shall make all necessary and proper rules not inconsistent with this Section for its effective implementation.
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