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Program News (last updated November 2, 2011)
2011-12
The FY2012 appropriation for the College Savings Bond Bonus Incentive Grant Program is $325,000.
In July 2011, legislation regarding the fiscal year 2012 (FY2012) state budget was passed by the General Assembly and signed by the Governor. The FY2012 budget determines funding levels for 2011-12 programs that are administered by ISAC. The BIG Program received funding as part of that budget.
Application
Due to limited funding and high application volume, ISAC has determined that the number of applications received for the 2011-12 BIG Program exceeds the available appropriation. Therefore, the application to apply for the BIG Program during the 2011-12 academic year is no longer available.
Applicants who received a letter from ISAC indicating that no funds are available to award them a 2011-12 BIG Program grant are encouraged to review the Eligibility Requirements and the BIG Program Eligibility Based on Bond Maturity chart to determine whether they may be eligible to apply for a 2012-13 BIG Program grant (should funds be available).
Specific details regarding the BIG Program, including a Program Overview, Eligibility Requirements and Application Procedures, are available within this section.
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