In this Act: "Independent colleges" means non-public, non-profit colleges and universities based in Illinois. The term does not include any institution that primarily or exclusively provided online education services as of the fall 2017 term. "FTE" means full-time equivalent enrollment based on Fall 2017 Final full-time equivalent enrollment according to the Illinois Board of Higher Education.
30 ILCS 769/25-5
Definitions
Known as the Private Colleges and Universities Capital Distribution Formula Act
The act spans §§ 30-769-25-1 to 30-769-25-7 (5 sections).
P.A. 101-10, eff. 6-5-19.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.