HIGHER ED-MONETARY AWARD PROG

Amends the monetary award program provisions of the Higher Education Student Assistance Act. Provides that if a recipient of a grant is not permitted to continue attending a higher education institution because he or she is not earning the minimum grades needed to continue to attend the institution, then that person may not attend another institution the following academic year if he or she wants to receive a renewal of the grant. Provides that after one academic year of non-attendance has passed, the person is entitled to renewal of the grant upon enrolling at another institution; makes related changes. Requires the Illinois Student Assistance Commission to request that the Illinois Association of Student Financial Aid Administrators make recommendations on possible changes to how the Commission determines the number of grants to be offered and to whom they are offered. Requires an institution to have a comprehensive advising program for students who are recipients of grants, and requires grant recipients to participate in an institution's advising program as a condition of receiving a grant; makes related changes. Requires institutions to provide specified information concerning grant recipients to the Commission, if requested, to demonstrate the value of the program and determine where improvements could be made; makes related changes.