ISAC Program FY22 Funding – Budget Bill Approved
Governor Pritzker recently signed SB 2800, the state's operating budget bill, which provides funding for Illinois programs and services, including ISAC's programs for the 2022 fiscal year (FY22). The budget was approved by the General Assembly during the legislative session that concluded over the Memorial Day weekend, and subsequently forwarded to the governor for signature.
The bill is now considered law and is officially Public Act 102-0017 (before considering printing, please note the document is over 3,000 pages). ISAC's programs and services received funding that is essentially level to FY21 amount, with the welcome exception of a more than $28 million increase in the appropriation for the Monetary Award Program (MAP). The FY22 appropriations for ISAC programs that will benefit Illinois students and their families are:
FY22 ISAC Program Appropriations
Monetary Award Program (MAP) – $479,566,200
Grant Programs for Dependents of Police, Fire or Correctional Officers – $1,273,300
Golden Apple Scholars of Illinois Program – $6,498,000*
Golden Apple Accelerators Program – $750,000*
Minority Teachers of Illinois (MTI) Scholarship Program – $1,900,000
Illinois Teachers Loan Repayment Program – $439,900
Nurse Educator Loan Repayment Program – $264,000
Veterans' Home Medical Providers' Loan Repayment Program – $26,400
Grant Program for Exonerees – $150,000
AIM HIGH Grant Pilot Program – $35,000,000**
* See below for information on additional federal funding for Golden Apple programs.
** AIM HIGH Program funds are disbursed in lump sums by ISAC to public universities.
As in recent years, the budget also includes a little more than $4.26 million for the Illinois Community College Board (ICCB) to reimburse Illinois community colleges for the costs associated with waiving tuition and fee charges for Illinois Veteran Grant (IVG) and Illinois National Guard (ING) Grant recipients.
Other highlights of the budget include the allocation of funding to ISAC for:
- Increased support (approximately $7 million in federal funds) for the Golden Apple Scholars and Golden Apple Accelerators programs for teachers in training. Although part of ISAC's budget, these funds are administered in partnership with the private Golden Apple Foundation.
- A new scholarship program for people who work in early childhood education and are seeking additional credentials and degrees. This program is being implemented in partnership with the Illinois Board of Higher Education (IBHE), the Department of Human Services (DHS), and other agencies. ($55 million in federal funds)
- A new scholarship program for dependents of workers who lose income due to closures and curtailed operations at coal mines and coal-fired power plants. Details of this program are still being negotiated. ($1.1 million)
With the timely approval of the budget, ISAC FY22 program operations are expected to again experience a "business as usual" processing environment. As such, we will regularly provide updates and operational details regarding each of our programs as we proceed through the year.
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