summary
Introduced
02/06/2025
02/06/2025
In Committee
06/02/2025
06/02/2025
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the Student Debt Assistance Act. Redefines "institution of higher education" to mean any publicly or privately operated university, college, community college, business, technical, or vocational school, or other educational institution in this State offering degrees and instruction beyond the secondary school level. Includes the following in the report regarding financial-based transcript and registration holds to the Board of Higher Education or the Illinois Community College Board: the amount of student debt owed to the institution, number of students, and amounts written off, over certain time periods; the number of students with outstanding debt whose transcripts were released and the amount of the debt, the number of students with outstanding debt whose diplomas were released and the amount of the outstanding debt, and the number of students with outstanding debt whose transcripts were withheld because the request for release was not for a purpose outlined in the Act and the amount of outstanding debt; and the total number of students whose registration privileges are being withheld for financial reasons, the amount of outstanding debt for those students, and the total portion of that debt that has been written off for accounting purposes but the registration hold remains.
AI Summary
This bill amends the Student Debt Assistance Act to expand the definition of "institution of higher education" to include any publicly or privately operated university, college, community college, business, technical, vocational school, or other educational institution in Illinois offering degrees beyond secondary school level. The bill requires these institutions to submit detailed annual reports by July 1st to either the Board of Higher Education or the Illinois Community College Board, covering comprehensive information about student debt and institutional financial practices. Specifically, institutions must report their policy on financial holds, the number of students with withheld transcripts, diplomas, or registration privileges, the total amount of student debt owed, the number of students involved, amounts of debt written off, details about transcript and diploma releases, and the number of students with registration holds due to financial reasons. The reporting requirements aim to provide greater transparency about how institutions manage student debt and academic record restrictions, potentially helping to understand and address barriers to student academic progress caused by financial constraints.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Rule 3-9(a) / Re-referred to Assignments (on 06/02/2025)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2000&GAID=18&DocTypeID=SB&SessionID=114&GA=104 |
| BillText | https://www.ilga.gov/legislation/104/SB/10400SB2000.htm |
Loading...