$SB3230 93RD GENERAL ASSEMBLY

AN ACT concerning appropriations.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The following amounts, or so much of those amounts as may be necessary, respectively, are appropriated from the General Revenue Fund to the Illinois Student Assistance Commission for its ordinary and contingent expenses:

For Administration

For Personal Services......................... $1,988,000

For Employee Retirement Contributions

Paid by Employer................................ 79,500

For State Contributions to State

Employees Retirement System.................... 218,700

For State Contributions to Social Security....... 152,000

For Contractual Services....................... 1,802,600

For Travel........................................ 26,400

For Commodities................................... 32,800

For Printing..................................... 100,000

For Equipment..................................... 10,000

For Telecommunications........................... 113,500

For Operation of Auto Equipment.................... 5,500

Total $4,529,000

Section 10. The following named amounts, or so much thereof as may be necessary, respectively, are appropriated from the General Revenue Fund to the Illinois Student Assistance Commission for the following purposes:

Grants

For payment of Monetary Award Program grants

to students eligible to receive such grants,

as provided by law, including up to

$7,000,000 for transfer into the Monetary

Award Program Reserve Fund................ $242,331,500

Section 15. The following named amounts, or so much thereof as may be necessary, respectively, are appropriated from the General Revenue Fund to the Illinois Student Assistance Commission for the following purposes:

Grants and Scholarships

For payment of matching grants to Illinois

institutions to supplement scholarship

programs, as provided by law.................. $950,000

For payment of Merit Recognition Scholarships

to undergraduate students under the Merit

Recognition Scholarship Program provided

for in Section 31 of the Higher Education

Student Assistance Act............................... 0

For the payment of scholarships to students

who are children of policemen or firemen

killed in the line of duty, or who are

dependents of correctional officers

killed or permanently disabled in the line

of duty, as provided by law.................... 350,000

For payment of Illinois National Guard and

Naval Militia Scholarships at State-

controlled universities and public

community colleges in Illinois to

students eligible to receive such

awards, as provided by law................... 4,500,000

For payment of military Veterans'

scholarships at State-controlled

universities and at public community

colleges for students eligible,

as provided by law.......................... 19,250,000

For college savings bond grants to

students eligible to receive

such awards.......................................... 0

For payment of minority teacher

scholarships................................. 3,100,000

For payment of Illinois Incentive for

Access grants, as provided by law............ 7,200,000

For payment of awards for the

Loan Repayment for Teachers Program............ 500,000

For payment of Illinois Scholars

Scholarships, as provided by law............. 2,914,300

For payment of Illinois Future Teacher

Corps Scholarships, as provided by law....... 7,000,000

Total $50,589,300

Section 20. The following named amount, or so much thereof as may be necessary, is appropriated from the Accounts Receivable Fund to the Illinois Student Assistance Commission for the following purpose:

For costs associated with the collection of delinquent

scholarship awards pursuant to

the Illinois State Collection Act of 1986..... $300,000

Section 25. The following named amount, or so much thereof as may be necessary, is appropriated from the Contracts and Grants Fund to the Illinois Student Assistance Commission for the following purpose:

To support research, outreach, and training

activities..................................... $50,000

Section 30. The following named amount, or so much thereof as may be necessary, is appropriated from the Education Assistance Fund to the Illinois Student Assistance Commission for the following purpose:

Grants

For payment of Monetary Award Program

grants to full-time and part-time

students eligible to receive such grants,

as provided by law......................... $96,368,300

Section 35. The following named amount, or so much thereof as may be necessary, is appropriated from the Monetary Award Program Reserve Fund to the Illinois Student Assistance Commission for the following purpose:

Grants

For payment of grant awards to full-time

and part-time students eligible to

receive such awards, as provided by

law........................................... $875,000

Section 40. The following named amount, or so much thereof as may be necessary, is appropriated from the University Grant Fund to the Illinois Student Assistance Commission for the following purpose:

Grants

For payment of grants for the Higher

Education License Plate Program, as

provided by law................................ $70,000

Section 45. The following named amount, or so much thereof as may be necessary, is appropriated from the Optometric Licensing and Disciplinary Board Fund to the Illinois Student Assistance Commission for the following purpose:

Grants and Scholarships

For payment of scholarships for the

Optometric Education Scholarship Program,

as provided by law............................. $50,000

Section 50. The following named amount, or so much thereof as may be necessary, is appropriated from the Illinois Future Teacher Corps Scholarship Fund to the Illinois Student Assistance Commission for the following purpose:

Grants and Scholarships

For payment of scholarships for the

Illinois Future Teacher Scholarship

Program, as provided by law.................... $50,000

Section 55. The following named amounts, or so much thereof as may be necessary, respectively, are appropriated to the Illinois Student Assistance Commission from the Student Loan Operating Fund for its ordinary and contingent expenses:

For Administration

For Personal Services........................ $15,200,200

For Employee Retirement Contributions

Paid by Employer............................... 608,200

For State Contributions to State

Employees Retirement System.................. 1,672,000

For State Contributions to

Social Security.............................. 1,163,000

For State Contributions for

Employees Group Insurance.................... 3,603,100

For Contractual Services....................... 9,864,300

For Travel....................................... 190,000

For Commodities.................................. 240,000

For Printing..................................... 627,000

For Equipment.................................... 529,000

For Telecommunications......................... 1,793,500

For Operation of Auto Equipment................... 32,400

Total $35,522,700

Section 60. The following named amount, or so much thereof as may be necessary, is appropriated from the Federal Student Loan Fund to the Illinois Student Assistance Commission for the following purposes:

For distribution when necessary as a result

of any of the following: for guarantees

of loans that are uncollectible, for

collection payments to the Student Loan

Operating Fund as required under

agreements with the United States

Secretary of Education, for payments to

the Student Loan Operating Fund

for Default Aversion Fees,

and for other distributions as necessary and provided

for under the Federal Higher Education

Act....................................... $190,000,000

Section 65. The following named amount, or so much thereof as may be necessary, is appropriated from the Student Loan Operating Fund to the Illinois Student Assistance Commission for the following purposes:

For distribution when necessary as a result

of any of the following: for payment of

collection agency fees associated with

collection activities for Federal Family

Education Loans, for Default Aversion Fee

reversals, and for other distributions as

necessary and provided for under the

Federal Higher Education Act............... $24,000,000

Section 70. The following named amount, or so much thereof as may be necessary, is appropriated from the Student Loan Operating Fund to the Illinois Student Assistance Commission for the following purpose:

For costs associated with Federal Loan

System Development and Maintenance.......... $5,000,000

Section 75. The following named amount, or so much thereof as may be necessary, is appropriated from the Federal Student Assistance Scholarship Fund to the Illinois Student Assistance Commission for the following purpose:

For transferring repayment funds collected

under the Paul Douglas Teacher Scholarship

Program to the U.S. Treasury.................. $400,000

Section 80. The following sum, or so much thereof as may

be necessary, is appropriated from the Federal Student Incentive Trust Fund for the Federal Leveraging Educational Assistance and the Supplemental Leveraging Educational Assistance Programs to the Illinois Student Assistance Commission for the following purpose:

Grants

For payment of Monetary Award Program

grants to full-time and part-time

students eligible to receive such grants,

as provided by law.................................. $0

Section 85. The following named amount, or so much thereof as may be necessary, is appropriated from the Federal Student Assistance Scholarship Fund to the Illinois Student Assistance Commission for the following purpose:

For payment of Robert C. Byrd

Honors Scholarships......................... $1,800,000

Section 99. Effective date. This Act takes effect July 1, 2004.