Ill. Admin. Code tit. 23, § 2746.30
h) Scholarship awards are limited to the equivalent of one calendar year of full-time enrollment, including summer, for undergraduate or graduate study. Summer term is considered the final term of the academic and fiscal year. Recipients may accumulate up to 14 eligibility units.
1) To determine the amount of eligibility a recipient has used, credit hours (and noncredit hours for which benefits are used) will be converted to eligibility units according to the following table.
| Number of Hours | Semester Term |
| 12 or more hours | 6 units |
| 6 - 11.99 hours | 3 units |
| Number of Hours | Summer Term |
| 3 or more | 2 units |
p) In the event that funds are insufficient to make awards to all eligible applicants, ISAC will make award determinations on the basis of the dates that the completed applications were received and the following: