2023 Illinois Compiled Statutes › Chapter 110 - HIGHER EDUCATION › 110 ILCS 210/ - Illinois Financial Assistance Act for Nonpublic Institutions of Higher Learning.

(110 ILCS 210/1) (from Ch. 144, par. 1331)
Sec. 1. 
		
		This Act shall be known and may be cited as the "Illinois Financial
Assistance Act for Nonpublic Institutions of Higher Learning".
(Source: P.A. 77-273.)
(110 ILCS 210/2) (from Ch. 144, par. 1332)
Sec. 2. 
		As used in this Act, unless the context otherwise requires:
(a) "Board" means the Board of Higher Education.
(b) "Enrollment" or "student" means the establishment and maintenance of
an individual's status as a student or enrollee in a nonpublic institution
of higher learning, regardless of the terms used at the institution to
describe such status.
(c) "Institution of higher learning", "qualified institution" or
"institution" means a nonpublicly supported educational organization
located in this State which (1) provides a minimum of an organized 2-year
program of collegiate grade in the liberal arts or sciences directly
applicable to the attainment of a baccalaureate degree, and (2) operates
privately, not-for-profit and in conformity with standards substantially
equivalent to those of the State-supported institutions of higher learning.
"Institution" does not include any educational organization used for
sectarian instruction, as a place of religious teaching or worship or for
any religious denomination or the training of ministers, priests, rabbis or
other professional persons in the field of religion.
(d) "Academic year" means the period of time from September 1 of any
year through August 31 of the ensuing year.
(Source: P.A. 77-273.)
(110 ILCS 210/3) (from Ch. 144, par. 1333)
Sec. 3. 
		
		For the academic year beginning in 2002,
institutional
grants may be made for that and for each succeeding academic year
to each
nonpublic institution of higher learning in an amount determined by allocating
amounts for funding this Act among the eligible institutions in accordance
with a formula or formulae based
upon one or more of the following factors: the number of
undergraduate degrees granted to students who are residents of the
State of Illinois enrolled as students at each such institution; the number
of
full-time equivalent undergraduate
students who are residents of the State of Illinois enrolled as students
at each such institution; and the number of full-time
equivalent of such students who are junior or senior students at such
institutions.  The Board of Higher Education shall establish formula allocations and adopt
rules necessary for the administration of this Act.
Conditions of institutional eligibility for these grants shall
include but need not be limited to the following:
(1) That the governing board of the institution possess its own
sovereignty.
(2) That the governing board, or its delegated institutional
officials, possess final authority in all matters of local control,
including educational policy, choice of personnel, determination of
program, and financial management.
(3) That the institution possess and maintain an open policy with
respect to race, creed and color as to admission of students,
appointment of faculty and employment of staff.
(4) That the institution be able to show its current financial
stability and reasonable prospects for its future stability.
(5) That the institution not be operated for profit.
(6) That the institution provide a full financial report including a
certified audit, and participate in the unit cost study and other
studies conducted annually by the Board of Higher Education.
(7) If required by rule of the Board, that the institution submit to
an additional annual external audit of its enrollment records and
nonsectarian use of funds.
(Source: P.A. 92-45, eff. 7-1-02.)
(110 ILCS 210/4) (from Ch. 144, par. 1334)
Sec. 4. 
		
		For the academic year beginning in 2002 and each
academic year thereafter,
each eligible institution of higher learning shall prepare and certify to the
Board
in writing any information required by the Board to justify the grants. This
information shall be signed and
furnished to the Board
by the chief administrative officer of the institution.
(Source: P.A. 92-45, eff. 7-1-02.)
(110 ILCS 210/5) (from Ch. 144, par. 1335)
Sec. 5. 
		
		The Board shall prescribe and advise such institutions as to the form of
certificate or certificates to be submitted under Section 4 of this Act,
and promptly upon
receipt of such certificates from the institutions shall certify to the
State Comptroller the aggregate amount of the grant allocable
to and to be
paid to each such institution. The Board shall examine the certificates
furnished by the institutions and may require such further data and
information as the Board may request. Upon written notice by the Board to
any institution, the Board may examine the institution's student enrollment
records for the purpose of verification, amendment or correction of any
such certificate.
(Source: P.A. 92-45, eff. 7-1-02.)
(110 ILCS 210/6) (from Ch. 144, par. 1336)
Sec. 6. 
		
		The Board of Higher Education may make awards to any nonpublic
institution of higher learning and/or nonpublic institutions in consortium
and/or nonpublic institutions and public institutions in cooperation, for
special services, programs needed, or for the performance of other tasks to
meet the State's higher education needs. Such services, programs, or tasks
shall include, but not be limited to, computer resources, educational
television and other instructional resources, all academic disciplines,
academic and administrative organizational structures, and the maintenance
of existing programs and development of new programs designed to encourage
enrollment of transfer students from private junior colleges and public
community colleges.
(Source: P.A. 82-622.)
(110 ILCS 210/7) (from Ch. 144, par. 1337)
Sec. 7. 
		
		The Board shall keep an accurate record of all its activities under this
Act and shall make a report
to its members, to the Governor and to the General Assembly, such
report to be a part of its annual report.
(Source: P.A. 92-45, eff. 7-1-02.)
(110 ILCS 210/8) (from Ch. 144, par. 1338)
Sec. 8. 
		
		If any provision of this Act is declared invalid for any reason, such
invalidity shall not affect or impair any of the remaining provisions of
the Act which can be given effect without the invalid provision, and to
this end, the provisions of this Act are declared to be severable.
(Source: P.A. 77-273.)