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McGuire unveils bipartisan plan to make college “more certain and more affordable”

Sen. Pat McGuire

SPRINGFIELD — The bicameral, bipartisan Higher Education Working Group chaired by State Senator Pat McGuire today announced a series of measures to help Illinois residents afford college and attain degrees.

Two financial aid proposals highlight the package. House Bill 5020 will help students access four years of Monetary Award Program grants, giving students and their families assurance that a MAP grant won’t be “one and done.” Senate Bill 2927 incentivizes Illinois’ public universities to provide more scholarships using Institutional Matching, a new $25 million state fund. These scholarships will be available to families with annual incomes of up to $150,000 for a family of four.

Other proposals developed by the six Democrats and six Republicans comprising the working group assist students transferring from community colleges to public universities and provide regulatory relief to Illinois’s 12 public university campuses.

“This legislative package shows what happens when both parties work together toward a common goal,” McGuire said. “We want to make earning a community college or university degree in Illinois more certain and more affordable.”

Details on the full slate of proposals can be found here.