Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE23. EDUCATION AND CULTURAL RESOURCES |
PART1070. A MASTER PLAN FOR POSTSECONDARY EDUCATION IN ILLINOIS |
SUBPARTB. FINANCING: OPERATIONS AND GRANTS |
§1070.206. Aid to Private Institutions
Latest version.
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The Illinois Financial Assistance Act should be continued as a program of direct grants to private colleges and universities. The formula for awarding grants should be based on full-time-equivalent enrollments rather than the enrollment of full-time students. In future years, the appropriation for this Act should be increased in recognition of inflationary advances so that this program continues to support a relatively constant proportion of private college and university expenditures.