Ill. Admin. Code tit. 23, § 2739.30 – Program Procedures | Midpage
§ 2739.30
Ill. Admin. Code tit. 23, § 2739.30
Program Procedures
AUTHORITY: Implementing Section 65.85 and authorized by Section 20(f) of the Higher Education Student Assistance Act [110 ILCS 947/65.85 and 20(f)].ILLINOIS STUDENT ASSISTANCE COMMISSION
a) All applicants must complete and file the form that the U.S. Department of Education (ED) designates as an application for federal student financial aid and must notify the financial aid office of their desire to receive a grant.
b) Awards shall be made to participants using a need-based formula. When funds are insufficient to award all participants, priority will be given to students with the highest calculated unmet financial need.