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<xml>
<title>Illinois General Assembly - Bill Status for HB 5311         </title>
<shortdesc>HIGH ED-SCHOLARSHIP DISPLACE</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Joyce Mason</sponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>New Act</reference><aliasreference></aliasreference><SynopsisText>     Creates the Scholarship Displacement Act. Defines "cost of attendance", "expected family contribution", "financial need", "institutional financial aid", and "private scholarships". Provides that the Act applies on and after the 2022-2023 school year. Provides that a public institution of higher education may reduce a student's institutional financial aid as a result of the awarding of private scholarships to the student: if a student's total financial aid from all sources exceeds the student's financial need until the student's total financial aid no longer exceeds the student's financial need; if the institution receives approval from the organization that awarded the private scholarship that caused the reduction authorized by the provisions; and in order to comply with the individual or team financial aid restrictions of any athletic association, conference, or other group or organization with authority over intercollegiate athletics. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/28/2022</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Joyce Mason</action>
<statusdate>1/31/2022</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/31/2022</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/9/2022</statusdate><chamber>House</chamber><action>Assigned to Higher Education Committee</action>
<statusdate>2/18/2022</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/10/2023</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

