Illinois Administrative Code
Title 23 - EDUCATION AND CULTURAL RESOURCES
Part 2738 - GRANT PROGRAM FOR A CHILD RAISED BY GRANDPARENT
Section 2738.40 - Institutional Procedures
Current through Register Vol. 48, No. 52, December 27, 2024
a) The institution shall certify the applicant's award amount within the time frame requested by ISAC, which shall be no sooner than 30 days unless a more rapid response is necessary to expend appropriated funds prior to the end of the academic year.
b) The institution shall determine the amount of each grant, which shall be the lesser of:
c) Institutional packaging of assistance:
d) When submitting payment requests, the institution shall certify that the recipient meets the eligibility requirements.
e) Within 30 days after and including the date of receiving payment, the institution shall credit the award toward the recipient's tuition and mandatory fee charges for the appropriate term.
f) Award payments made in the name of one recipient cannot be applied to another recipient at the same institution. A refund of the payment must be submitted to ISAC and a supplemental request must be made and processed for the proper recipient.
g) To provide sufficient time for processing and vouchering through the State Comptroller's Office in Springfield, all payment requests except for summer term must be received by ISAC no later than July 1. Summer term payment requests must be received no later than July 31.