Illinois Compiled Statutes 815 ILCS 155 — Student Loans to Minors Act.

Short title

Short title. This Act may be cited as the Student Loans to Minors Act. (Source: P.A. 86-1324.)

Any student who has been accepted for admission to an institution in the State of Illinois approved by the State Superintendent of Public Instruction as an institution of higher education on either the undergraduate or graduate level shall be permitted to execute a legally binding promissory note for a loan necessary t…