Illinois 101st Regular Session Status: Passed Senate 1 R cosponsors

SB 3539 — MONETARY AWARD PROGRAM

Last action — Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2020

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 101st Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Amends the Higher Education Student Assistance Act. With regard to the Monetary Award Program, provides that, in addition to other eligibility requirements for applicants of the grant program enrolled at a qualified for-profit institution, the following shall apply to the qualified for-profit institution in which the applicant is enrolled: (i) beginning with the 2020-2021 academic year, a qualified for-profit institution may not exceed a 15% national 3-year student loan cohort default rate, as published by the U.S. Department of Education, and (ii) beginning with the 2021-2022 academic year, a qualified for-profit institution must maintain an 80% student success rate; defines "student success rate". Provides that a for-profit institution's failure to meet those eligibility requirements shall result in a probationary academic year during which the institution is required to notify all current and prospective students eligible for Monetary Award Program grants of the student's possibility of losing that eligibility. Provides that if the institution fails to meet the for-profit institution eligibility requirements for 2 consecutive academic years, an applicant enrolled at the institution must lose Monetary Award Program grant eligibility and for a student to regain Monetary Award Program grant eligibility at that institution, the institution must meet the for-profit institution eligibility requirements for at least 2 consecutive academic years. Effective immediately.

Bill Text

Action History

  1. Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2020

  2. Rule 2-10 Third Reading/Passage Deadline Established As May 29, 2020

  3. Rule 2-10 Committee Deadline Established As May 22, 2020

  4. Rule 2-10 Third Reading/Passage Deadline Established As May 22, 2020

  5. Rule 2-10 Committee Deadline Established As May 15, 2020

  6. Rule 2-10 Third Reading/Passage Deadline Established As May 15, 2020

  7. Rule 2-10 Committee Deadline Established As May 7, 2020

  8. Rule 2-10 Committee Deadline Established As April 30, 2020

  9. Pursuant to Senate Rule 3-9(b) / Referred to Assignments

  10. Rule 2-10 Third Reading/Passage Deadline Established As May 7, 2020

  11. Rule 2-10 Committee Deadline Established As April 24, 2020

  12. Rule 2-10 Committee Deadline Established As April 2, 2020

  13. Assigned to Higher Education

  14. Referred to Assignments

  15. First Reading

  16. Filed with Secretary by Sen. Chapin Rose

Sponsors

Sponsorship breakdown

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0 sponsors · 1 co-sponsors · 182 not signed on

Sponsors (0)

None.

Co-sponsors (1)

Not signed on (182)

182 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

education
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Frequently asked questions

What does SB 3539 do?
Amends the Higher Education Student Assistance Act. With regard to the Monetary Award Program, provides that, in addition to other eligibility requirements for applicants of the grant program enrolled at a qualified for-profit institution, the following shall apply to the qualified for-profit institution in which the applicant is enrolled: (i) beginning with the 2020-2021 academic year, a qualified for-profit institution may not exceed a 15% national 3-year student loan cohort default rate, as published by the U.S. Department of Education, and (ii) beginning with the 2021-2022 academic year, a qualified for-profit institution must maintain an 80% student success rate; defines "student success rate". Provides that a for-profit institution's failure to meet those eligibility requirements shall result in a probationary academic year during which the institution is required to notify all current and prospective students eligible for Monetary Award Program grants of the student's possibility of losing that eligibility. Provides that if the institution fails to meet the for-profit institution eligibility requirements for 2 consecutive academic years, an applicant enrolled at the institution must lose Monetary Award Program grant eligibility and for a student to regain Monetary Award Program grant eligibility at that institution, the institution must meet the for-profit institution eligibility requirements for at least 2 consecutive academic years. Effective immediately.
Who sponsors SB 3539?
SB 3539 is sponsored by Chapin Rose (Republican).
What is the current status of SB 3539?
This bill died with 101st Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 3539?
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