110 ILCS 66/1
Short title
Short title. This Act may be cited as the Student Debt Assistance Act. (Source: P.A. 102-998, eff. 5-27-22.)
Illinois Compiled Statutes 110 ILCS 66 — Student Debt Assistance Act.
Illinois · statute · 110 ILCS 66 · 9 active provisions
110 ILCS 66/5
Definitions
Definitions. In this Act: "Debt" means any money, obligation, claim, or sum due or owing or alleged to be due or owing from a student to an institution of higher education. "Debt" does not include the fee, if any, that is charged to students by an applicable provider for the actual cost of providing an academic transcr…
110 ILCS 66/10
Withholding of unofficial transcripts prohibited
Withholding of unofficial transcripts prohibited. An institution of higher education may not do any of the following: (1) Refuse to provide an unofficial transcript to a current or former student on the grounds that the student owes a debt. (2) Condition the provision of an unofficial transcript on the payment of a deb…
110 ILCS 66/15
Withholding of official transcripts
Withholding of official transcripts. (a) An institution of higher education: (1) must provide an official transcript of a current or former student even if the current or former student owes a debt if the student requests the official transcript to: (A) complete a job application; (B) transfer from one institution of h…
110 ILCS 66/20
Physical or financial hardship policy
Physical or financial hardship policy. (a) Beginning with the 2022-2023 school year, every institution of higher education must have a policy instituting a financial or physical hardship withdrawal process. The process must work to limit debt owed by students who have to withdraw from the institution due to a significa…
110 ILCS 66/25
Student debt and credit report
Student debt and credit report. If an institution of higher education chooses to send a current or former student's past due debt to a debt collection agency, the past due debt may not be reported to any credit reporting agencies, except as provided by federal law. (Source: P.A. 102-998, eff. 5-27-22.)
110 ILCS 66/30
Past-due debt policy
Past-due debt policy. (a) Beginning with the 2023-2024 academic year, each institution of higher education shall adopt a policy that outlines the process by which a current or former student may obtain a transcript or diploma that has been withheld from the student because the student owes a debt. At a minimum, the pol…
110 ILCS 66/35
Reporting
Reporting. On or before July 1, 2024 and on or before each July 1 thereafter, each institution of higher education shall report to either the Board of Higher Education or the Illinois Community College Board, whichever is appropriate, information regarding financial-based transcript and registration holds, which must i…
110 ILCS 66/99
Effective date
Effective date. This Act takes effect upon becoming law. (Source: P.A. 102-998, eff. 5-27-22.)