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Code · Illinois · Chapter 110 — HIGHER EDUCATION · Act 997

Sec. 25. Award; maximum amount.

136 words·~1 min read·/il/chapter-110/act-997/25

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Sec. 25. Award; maximum amount. The Commission shall award a grant to eligible applicants and may grant preference to applicants based on need or income levels. The recipient of a grant awarded by the Commission under this Act must use the grant award for payments toward the recipient's educational loans from a qualified program. The amount of the grant shall not exceed:
(i)$25,000 per year for a master's degree or higher;
(ii)$15,000 per year for a bachelor's degree;
(iii)$3,000 per year for a professional with an associate degree; and
(iv)up to a $5,000 per year add-on if independently licensed as a licensed clinical social worker, a licensed clinical professional counselor, a licensed practitioner of the healing arts, a licensed marriage and family therapist, a board-certified behavior analyst, or a registered behavior technician.
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