Illinois Administrative Code
Title 23 - EDUCATION AND CULTURAL RESOURCES
Part 2766 - AIM HIGH GRANT PROGRAM
Section 2766.20 - Institutional Applicant Eligibility
Universal Citation: 23 IL Admin Code ยง 2766.20
Current through Register Vol. 48, No. 38, September 20, 2024
a) A public university applicant is eligible to apply for and receive an allocation of an appropriation of AIM HIGH funds if it:
1) submits a timely and complete
application that includes a description of the award to be funded with AIM HIGH
funds that meet program eligibility criteria in Section
2766.50(a),
(b) and (c) to be used solely for non-loan
financial aid at that university or university campus during the academic year,
not including the summer term;
2)
certifies, during the academic year for which the AIM HIGH funds are requested,
it shall, in addition to meeting its MOE requirement, make a good faith effort
to meet its matching requirement;
3) certifies the total amount of its baseline
awards;
4) certifies that, during
the academic year for which the AIM HIGH funds are requested, it shall, in
addition to awards made for the matching requirement, make a good faith effort
to award qualifying non-loan financial aid to its Illinois resident
undergraduate students, not including AIM HIGH funded awards, in an amount:
A) that is at least equal to its baseline
awards; or
B) if enrollment is less
than in academic year 2017-18, not including the summer term, that total amount
calculated on a per student basis;
5) has met all information reporting
requirements in Section 2766.40(c);
6) has not been suspended or disqualified
from receiving an allocation for the upcoming academic year; and
7) enters into an AIM HIGH Grant Agreement
with ISAC.
b) For renewal applications, in addition to complying with subsection (a), the public university campus shall:
1) demonstrate that
it met its matching requirement and MOE in the previous academic
year;
2) in any academic year the
public university campus fails to meet its entire matching requirement,
demonstrate that it made a good faith effort to meet its matching requirement
to be eligible for an allocation that is necessary to fund only renewal AIM
HIGH funded awards in the academic year following the next allocation
determination.
3) in any academic
year the public university campus fails to make its entire MOE, demonstrate
that it made a good faith effort to make it to be eligible for:
A) 100% of its allocation of AIM HIGH funds
in the next allocation distribution if, in the preceding academic year, the
public university campus made its entire MOE;
B) 90% of its allocation of AIM HIGH funds in
the next allocation distribution if it is the second consecutive academic year
the public university campus fails to make its entire MOE; and
C) an amount in the next allocation
determination that is necessary to fund only renewal AIM HIGH funded awards
when it is the third or more consecutive academic year that the public
university campus fails to make its entire MOE.
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