110 ILCS 923/20: Maximum loan time period; maximum loan amount.
Where this section sits in the code
- CHAPTER 110 HIGHER EDUCATION
- Child Welfare Student Loan Forgiveness Act.
(a) Subject to appropriation, an undergraduate forgivable loan may be awarded for a maximum of 2 academic years. The amount of this loan shall not exceed $4,000 per year.
(b) Subject to appropriation, a graduate forgivable loan may be awarded for a maximum of 2 academic years. The amount of this loan shall not exceed $8,000 per year.
Collected 2026-09-15T04:46:28Z. Source file · JSON