§ 1 Short title
§ 5 Purpose
§ 10 Definitions
§ 15 Illinois Student Assistance Commission
§ 20 Functions of Commission
§ 25 State scholar program
§ 31 Merit Recognition Scholarship program
§ 35 Monetary award program
§ 36 Silas Purnell Illinois Incentive for Access grant program
§ 37 Higher education license plate grant program
§ 38 Monetary award program accountability. The Illinois Student …
§ 39 Monetary Award Program Plus
§ 40 Illinois Veteran grant program
§ 45 Illinois National Guard and Naval Militia grant program
§ 50 Minority Teachers of Illinois scholarship program
§ 52 Golden Apple Scholars of Illinois Program; Golden Apple Foundation for Excellence in Teaching
§ 55 Police officer or fire officer survivor grant
§ 60 Grants for dependents of Department of Corrections employees who are …
§ 62 Grants for exonerated persons
§ 65 Student to student grant program
§ 65.05 Traineeship and fellowship program; training of professional personnel
§ 65.10 Fellowship program
§ 65.15 Special education teacher scholarships
§ 65.20 Science-mathematics teacher scholarships
§ 65.25 Teacher shortage scholarships
§ 65.27 Teach Illinois Scholarship Program
§ 65.30 Equal opportunity scholarships
§ 65.35 Administrator internships
§ 65.40 General provisions; leaves of absence
§ 65.45 Special education grants
§ 65.50 Teacher training full-time undergraduate scholarships
§ 65.55 Consolidation of scholarship, fellowship and traineeship programs. …
§ 65.56 Illinois Teachers and Child Care Providers Loan Repayment Program
§ 65.60 Administration of federal scholarship programs
§ 65.70 Optometric Education Scholarship Program
§ 65.75 Grant for a person raised by a grandparent
§ 65.85 Southern Illinois University’s Achieve Program; grants to participants
§ 65.90 Medical assistant grants
§ 65.95 Police training academy job training scholarship program
§ 65.100 AIM HIGH Grant Pilot Program
§ 65.105 Adult vocational community college scholarship
§ 67 Illinois DREAM Fund Commission
§ 70 Administration of scholarship and grant programs
§ 77 Illinois Student Assistance Commission Contracts and Grants Fund
§ 80 Additional assistance; Loans; Powers and Duties
§ 83 Education loan information pilot program
§ 87 Coordination of reviews
§ 90 State income tax refund and other payment intercept
§ 91 Notice to Secretary of State
§ 95 Capacity of minors
§ 100 ISAC originated loans
§ 105 Procedure on default
§ 110 Disposition of moneys received by Commission; Appropriations; Insufficient appropriations
§ 113 Federal Student Loan Fund; Student Loan Operating Fund; Federal …
§ 115 Partial invalidity
§ 120 Penalty for fraudulent information
§ 125 Short title
§ 130 Purpose
§ 135 Definitions
§ 140 Powers and duties
§ 145 Issuance of Bonds
§ 150 Security for Bonds
§ 152 Bonds guaranteed by the State of Illinois
§ 155 Enforcement of contract
§ 160 Moneys of the Commission
§ 165 Validity of bonds
§ 170 Bonds as legal investments
§ 175 Supplemental nature of Act; construction and purpose
§ 205 Prior law; other Acts
§ 320 This Act takes effect upon becoming law

Terms Used In Illinois Compiled Statutes > 110 ILCS 947

  • Advice and consent: Under the Constitution, presidential nominations for executive and judicial posts take effect only when confirmed by the Senate, and international treaties become effective only when the Senate approves them by a two-thirds vote.
  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Amortization: Paying off a loan by regular installments.
  • 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
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Decedent: A deceased person.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Dependent: A person dependent for support upon another.
  • Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • 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.
  • Forbearance: A means of handling a delinquent loan. A
  • Fraud: Intentional deception resulting in injury to another.
  • Freedom of Information Act: A federal law that mandates that all the records created and kept by federal agencies in the executive branch of government must be open for public inspection and copying. The only exceptions are those records that fall into one of nine exempted categories listed in the statute. Source: OCC
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Heretofore: means any time previous to the day on which the statute takes effect; and the word "hereafter" at any time after such day. See Illinois Compiled Statutes 5 ILCS 70/1.17
  • 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
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Minority leader: See Floor Leaders
  • Misdemeanor: Usually a petty offense, a less serious crime than a felony, punishable by less than a year of confinement.
  • Month: means a calendar month, and the word "year" a calendar year unless otherwise expressed; and the word "year" alone, is equivalent to the expression "year of our Lord. See Illinois Compiled Statutes 5 ILCS 70/1.10
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Person under legal disability: means a person 18 years or older who (a) because of mental deterioration or physical incapacity is not fully able to manage his or her person or estate, or (b) is a person with mental illness or is a person with developmental disabilities and who because of his or her mental illness or developmental disability is not fully able to manage his or her person or estate, or (c) because of gambling, idleness, debauchery or excessive use of intoxicants or drugs, so spends or wastes his or her estate as to expose himself or herself or his or her family to want or suffering. See Illinois Compiled Statutes 5 ILCS 70/1.06
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • 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
  • Statute: A law passed by a legislature.
  • Summons: Another word for subpoena used by the criminal justice system.
  • sworn: shall be construed to include the word "affirmed. See Illinois Compiled Statutes 5 ILCS 70/1.12
  • Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
  • Trustee: A person or institution holding and administering property in trust.
  • United States: may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14
  • Variable Rate: Having a "variable" rate means that the APR changes from time to time based on fluctuations in an external rate, normally the Prime Rate. This external rate is known as the "index." If the index changes, the variable rate normally changes. Also see Fixed Rate.
  • Venue: The geographical location in which a case is tried.