TITLE 23: EDUCATION AND CULTURAL RESOURCES
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AUTHORITY: Implementing and authorized by Section 65.100 of the Higher Education Student Assistance Act [110 ILCS 947].
SOURCE: Former Part 2766 repealed at 31 Ill. Reg. 9523, effective July 1, 2007; new Part 2766 adopted by emergency rulemaking at 42 Ill. Reg. 17265, effective September 13, 2018, for a maximum of 150 days; new Part adopted at 43 Ill. Reg. 2263, effective February 1, 2019; amended at 43 Ill. Reg. 15048, effective January 1, 2020; amended at 44 Ill. Reg. 11059, effective July 1, 2020; amended at 44 Ill. Reg. 20188, effective January 1, 2021; amended at 45 Ill. Reg. 8494, effective July 1, 2021; amended at 48 Ill. Reg. 4495, effective March 8, 2024.
Section 2766.10 Summary and Purpose
a) In an effort to increase enrollment of Illinois residents at Illinois public universities, increase overall retention of Illinois college students in Illinois, and encourage Illinois residents to attain a college degree, State appropriated funds are to be used to enable Illinois public universities to establish a merit-based, means-tested award program known as the Aspirational Institutional Match Helping Illinois Grow Higher Education Grant Program (AIM HIGH) to make college more affordable at their campuses while reducing the amount of student loan debt. Each eligible public university campus must match a statutorily prescribed amount of those funds with non-loan financial aid for eligible students and maintain or exceed levels of financial aid given to its Illinois residents from the 2017-18 academic year or the 2021-22 academic year, whichever is less, not including the summer terms. ISAC is responsible for administering the distribution of AIM HIGH grant funds to the public universities in compliance with this Part and the AIM HIGH Grant Agreement.
b) This Part establishes rules that govern AIM HIGH. Additional rules and definitions are contained in General Provisions (23 Ill. Adm. Code 2700 and 44 Ill. Adm. Code 7000).
(Source: Amended at 48 Ill. Reg. 4495, effective March 8, 2024)
Section 2766.15 Definitions
"Baseline Awards" means the total amount of qualifying non-loan financial aid the public university campus awarded to its Illinois resident undergraduate students in academic year 2017-18 or academic year 2021-22, whichever is less, not including the summer terms.
"Illinois High School" − any high school located in Illinois whether or not recognized by the State Board of Education. [110 ILCS 947/65.100]
"Maintenance of Effort" or "MOE" − a requirement that in the academic year AIM HIGH funds are received by the public university campus, the total amount of qualifying non-loan financial aid the public university campus awards to its Illinois resident undergraduate students must be at least as much as its baseline awards and shall not include AIM HIGH funded awards or matching requirement awards made in that academic year.
"Matching Requirement" − a requirement that the public university campus use its own funds in the academic year for which the AIM HIGH funds are used to match those AIM HIGH funds as required by 110 ILCS 947/65.100(f), to award non-loan financial aid to its students who meet at least the qualifications described in Section 2766.50(b).
"Public University" − any public 4-year university in Illinois. [110 ILCS 947/10]
"Public University Campus" − any campus under the governance or supervision of a public university. [110 ILCS 947/10]
"Qualifying Non-loan Financial Aid" – non-loan financial aid, the awarding of which is mostly within the control of the public university campus. The data requested to demonstrate this awarding shall be determined by ISAC and shall be applied uniformly across university campuses.
"Resident of Illinois" or "Illinois Resident" − defined by the laws governing eligibility for in-state tuition at the public university campus.
(Source: Amended at 48 Ill. Reg. 4495, effective March 8, 2024)