(110 ILCS 947/77)
Sec. 77. Illinois Student Assistance Commission Contracts and Grants Fund.
(a) The Illinois Student Assistance Commission Contracts and Grants Fund
is created as a special fund in the State treasury. All gifts, grants, or
donations of money received by the Commission must be deposited into this
Fund and, where appropriate, other funds made available through contracts with governmental, public, and private agencies or persons may also be deposited into this Fund.
(b) Moneys in the Fund may be used by the Commission, subject
to appropriation, for support of the Commission's student and borrower assistance
outreach, research, and training activities.
(Source: P.A. 102-699, eff. 4-19-22.)
|