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09600SB3699sam001 |
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LRB096 20561 NHT 38916 a |
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| Section 10. Community College Transfer Grant Program |
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| created; adoption of rules. There is created the Community |
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| College Transfer Grant Program to provide financial assistance |
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| to eligible students, subject to appropriation, for the costs |
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| of attending a public or private institution of higher |
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| education in this State. Funds must be paid to institutions of |
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| higher education on behalf of students who have been awarded |
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| financial assistance pursuant to Section 15 of this Act. The |
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| Commission shall adopt rules for the implementation of the |
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| provisions of this Act and the disbursement of funds consistent |
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| therewith and appropriate to the administration of the program. |
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| Section 15. Eligibility criteria.
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| (a) Under the Community College Transfer Grant Program, |
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| grants must be made on behalf of students who are residents of |
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| this State and who meet all of the following qualifications: |
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| (1) Have received an associate's degree at a public |
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| community college located in this State. |
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| (2) Have enrolled in an institution of higher education |
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| located in this State by the fall semester following the |
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| award of the associate's degree. |
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| (3) Have applied for financial aid, including |
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| completing and submitting a free application for federal |
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| student aid.
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| (4) Have financial need, defined as an Expected Family |
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09600SB3699sam001 |
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LRB096 20561 NHT 38916 a |
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| Contribution (EFC) of no more than $9,000 as calculated by |
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| the federal government using the family's financial |
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| information reported on the Free Application for Federal |
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| Student Aid (FAFSA) form. |
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| Only students who maintained a cumulative grade point |
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| average of at least 3.0 on a 4.0 scale or its equivalent while |
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| enrolled in an associate's degree program at a public community |
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| college located in this State are eligible to receive a grant |
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| under this Act. |
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| (b) Notwithstanding any other provision of law to the |
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| contrary, the Commission shall consider an applicant eligible |
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| for a grant under this Section if the Commission finds that the |
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| applicant is (i) a United States citizen or eligible |
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| non-citizen and (ii) a resident of this State. |
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| (c) Eligibility for a grant under the Community College |
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| Transfer Grant Program is limited to 2 academic years or 60 |
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| credit hours and must be used only for undergraduate collegiate |
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| work. |
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| To remain eligible for a grant under this program, a |
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| student must continue to demonstrate financial need, as defined |
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| in this Section, maintain a cumulative grade point average of |
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| at least 3.0 on a 4.0 scale or its equivalent, and make |
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| satisfactory academic progress towards a degree. |
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| Section 20. Amount of award. The amount of the grant under |
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| this Act for an eligible student is subject to appropriation |
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LRB096 20561 NHT 38916 a |
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| and is fixed at $1,000 per year. Students pursuing |
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| undergraduate collegiate work in engineering, mathematics, |
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| nursing, teaching, or science are eligible for an additional |
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| $1,000 grant. |
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| Section 25. State financial aid eligibility. Tuition |
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| assistance received by a student under the Community College |
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| Transfer Grant Program must not be reduced by the receipt of |
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| other financial aid from any source by the student. However, a |
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| student may not receive a grant pursuant to this Act that, when |
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| added to other financial aid received by that student, would |
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| enable the student to receive total assistance in excess of the |
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| estimated cost to the student of attending the institution in |
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| which he or she is enrolled.
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| Section 99. Effective date. This Act takes effect July 1, |
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| 2010.".
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