Section 2774.40  Participant Agreements

a)         The College Planning Program Agreement and any application materials required by ISAC must be submitted to ISAC's Deerfield office prior to the student's completion of 8^th grade at an Illinois public or an Illinois nonpublic school.

b)                  To remain qualified to receive benefits of the Program, the students must:

1)         Be enrolled in a secondary public school or nonpublic school in Illinois by the time the student completes 8^th grade;

2)         Complete the course requirements specified in Section 27-22 of the School Code and graduate from a secondary school located in Illinois;

3)         Not be convicted of a felony offense that would disqualify the student from receiving federal student aid;

4)         Timely apply, during enrollment in the 12^th grade, for admission to a postsecondary institution in Illinois approved to participate in the Monetary Award Program under Section 35 of the Higher Education Student Assistance Act and for any federal and State student financial assistance available to the student as the result of attending a postsecondary institution in Illinois;

5)         Upon completing high school, achieve a cumulative grade point average for courses taken during 9^th, 10^th, 11^th and 12^th grades of at least a 2.5 on a 4.0 grading scale or its equivalent if another grading scale is used;

6)         Update demographic and contact information required within the initial Program participation application and Program agreement at the start of the student's academic year;

7)         Take a recognized standardized college entrance examination no later than the end of the 11^th grade;

8)         Participate in college planning and preparation activities required by ISAC as part of the administration of the Program;

9)         Share academic and financial data with ISAC from enrollment in the program until the attainment of a bachelor's degree; and

10)         Certify that the student and custodial parent or guardian will notify ISAC if the student no longer qualifies to receive the benefits of the Program at any time during the student's participation as a result of his or her failure to comply with the terms of the agreement.