Illinois is creating a new merit-based scholarship aimed at getting more high school graduates to attend in-state colleges and universities.
The AIM HIGH grant pilot program will provide at least $50 million in financial aid. The state is providing $25 million in the current budget year. Universities are matching that amount.
Lawmakers approved the program earlier this year with nearly unanimous support. Gov. Bruce Rauner signed the measure into law Tuesday during a stop in Champaign.