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91_HB2091
LRB9104741NTsb
1 AN ACT concerning higher education, amending named Acts.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Illinois Cooperative Work Study Program
5 Act is amended by changing Section 3 as follows:
6 (110 ILCS 225/3) (from Ch. 144, par. 2953)
7 Sec. 3. Creation and implementation of program. A
8 program of financial assistance to support student
9 cooperative work study programs in higher education is
10 established to benefit students academically and financially,
11 reduce reliance on loans, enhance public-private sector
12 partnerships, and encourage students to seek permanent
13 employment in Illinois.
14 The Board shall administer the program of financial
15 assistance and shall distribute the funds appropriated by the
16 General Assembly for this purpose in the form of grants to
17 public or nonpublic institutions of higher education to
18 expand opportunities for students to pursue internships,
19 clinical placement, cooperative programs with business and
20 industry, and other work opportunities linked to a student's
21 academic program. In awarding grants under this Act, the
22 Board shall consider whether programs:
23 (1) strengthen cooperation between higher
24 education, business, industry, and government;
25 (2) promote school/college partnerships;
26 (3) encourage social and community service
27 activities;
28 (4) maximize the use of matching contributions from
29 business and industry, governmental and social agencies,
30 and participating colleges and universities to support
31 student wages;
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1 (5) create new opportunities for partnerships
2 between the public and private sectors;
3 (6) integrate other components of student financial
4 aid to reduce reliance on student loans; and
5 (7) meet other criteria that the Board determines
6 are appropriate.
7 The Board shall assure that a representative number of
8 the grants support cooperative work study programs that
9 support work experiences for students in academic programs
10 related to of engineering, science, math, information
11 technology, and education.
12 No grant may be awarded under this Section for any
13 program of sectarian instruction or for any program designed
14 to serve a sectarian purpose.
15 As part of its administration of the Act, the Board may
16 require evaluations, audits or reports in relation to fiscal
17 and academic aspects of any program for which a grant is
18 awarded under this Act. The Board shall annually submit to
19 the Governor and General Assembly a budgetary recommendation
20 for grants under this Act.
21 The Board may adopt rules it deems necessary for
22 administration of this Act.
23 (Source: P.A. 87-513.)
24 Section 10. The Public Community College Act is amended
25 by changing Section 3-37 as follows:
26 (110 ILCS 805/3-37) (from Ch. 122, par. 103-37)
27 Sec. 3-37. To build, buy or lease suitable buildings upon
28 a site approved by the State Board and issue bonds, in the
29 manner provided in Article IIIA, or, with the prior approval
30 of the Board of Higher Education and the Illinois Community
31 College Board, enter into an installment loan arrangement
32 with a financial institution with a payback period of less
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1 than 20 years provided the board has entered into a
2 contractual agreement which provides sufficient revenue to
3 pay such loan in full from sources other than local taxes,
4 tuition, or State appropriations and to provide adequate
5 additional operation and maintenance funding for the term of
6 the agreement, for the purpose of borrowing money to buy
7 sites and to either or both buy or build and equip buildings
8 and improvements, and for the purpose of transferring funds
9 to the Illinois Building Authority.
10 Any provision in a contractual agreement providing for an
11 installment loan agreement authorized by this Section that
12 obligates the State of Illinois is against public policy and
13 shall be null and void.
14 (Source: P.A. 83-576.)
15 Section 99. Effective date. This Act takes effect upon
16 becoming law.