Section 110 ILCS 151/20 - Board approval of program(a) In this Section, "program" means any of the programs listed under subsection (a) of Section 10 of this Act.(b) The Board may approve a program as eligible for credit acceptance if all of the following conditions have been met: (1) The institution has submitted all documentation pertaining to the institution's structure, accreditation and permit of approval, enrollment, and student information and the completed application requested by the Board.(2) The institution has submitted all documentation regarding its academic programs and curriculum for review by the Board. The institution shall comply with the Board of Higher Education's academic catalog requirements. The institution shall make all disclosures required under Section 37 of the Private Business and Vocational Schools Act of 2012. The disclosure shall contain all required information for the most recent 12-month reporting period of July 1 through June 30 and may also include the information for each 12-month reporting period during the institution's 5-year national accreditation term. The information submitted shall also include federally mandated graduation and job placement rates.(3) The institution has successfully completed a full term of national accreditation without probation, without being denied accreditation, and without withdrawing an application.(4) The Board has verified the institution's good standing during the period of its national accreditation. The institution shall provide any documents that validate its good standing with its national accreditor.(5) The Board has verified the institution's good standing with the Board of Higher Education. The institution shall provide any documents that validate its good standing with the Board of Higher Education.Added by P.A. 100-0569,§ 5, eff. 12/15/2017.