Ill. Admin. Code tit. 23 § 1020.20

Current through Register Vol. 48, No. 36, September 6, 2024

Section 1020.20 - Classes of Grants

a) Illinois Resident Grants - Annual stabilization grants that shall be distributed at an equal amount within a program and level for each Illinois resident enrollee or full-time-equivalent Illinois resident enrollee.

b) Minority Incentive Grants - Annual stabilization grants, awarded in addition to Illinois Resident Grants that shall be distributed at an equal amount within a program and level for each Illinois resident minority enrollee or each full-time-equivalent Illinois resident minority enrollee.

c) Program Priority Grants - Grants that may be awarded in addition to the Illinois Resident Grants and Minority Incentive Grants and that shall be distributed at an equal amount within a program and level for each Illinois resident or full-time-equivalent Illinois resident enrollee.

1) The Board may annually allocate up to 10 percent of appropriated funds to support program priority grants. (Section 4 of the Act)

2) In determining program priority grants, the Board shall annually consult with constituent institutions. (Section 4 of the Act)

Ill. Admin. Code tit. 23, § 1020.20

Amended at 30 Ill. Reg. 7745, effective April 5, 2006