Ill. Admin. Code tit. 23, § 2762.30
b) Recipients shall be selected from among the qualified applicants on the basis of the following criteria:
2) Special Consideration. If there are insufficient funds to award scholarships to all qualified applicants, ISAC shall give special consideration to qualified applicants who are within the same academic level and who:
f) A completed application must be received in ISAC's Deerfield office on or before August 1 preceding the academic year for which the scholarship is being requested in order to receive priority consideration for an award.
i) Prior to receiving scholarship assistance for any academic year, the recipient must sign a Teaching Agreement/Promissory Note that is submitted to ISAC.
1) The Teaching Agreement/Promissory Note shall require the recipient to either:
2) The Teaching Agreement/Promissory Note shall include:
A) a stipulation that: