SB4156

Illinois SB4156 appropriates funds for the Illinois Student Assistance Commission's operational expenses and various scholarship programs.

Illinois SB4156 allocates funds from multiple sources to the Illinois Student Assistance Commission for fiscal year 2027. The bill includes appropriations for operational expenses, outreach activities, and various scholarship programs. Notable allocations include $8,997,000 for operational expenses, $500,000,000 for the Monetary Award Program, and $15,000,000 for the Illinois DREAM Fund. Other funds support scholarships for children of fallen officers, teachers, and other specific groups. The bill also includes provisions for loan repayment programs and administrative costs.