Illinois Bonus Incentive Grant
College Savings Bond Bonus Incentive Grant (BIG) Program
If you are the beneficiary of an Illinois College Savings Bond, you may be eligible to receive a Bonus Incentive Grant (BIG). The amount of your grant will depend on the amount of the bond, ranging from a $40 to $440 grant per $5,000 of the bond.
To apply, the bondholder and beneficiary must complete an application for the BIG Program. The beneficiary must provide the complete application to his/her college’s Registrar’s office for certification of his/her enrollment status and have the application forwarded to ISAC. You must apply for this program between August 1 and May 30 of the academic year in which the bond(s) matured, or in the academic year immediately following maturity. All correspondence and payment will be sent to the address listed for the student beneficiary.
For complete program details and eligibility requirements, please visit: