That portion of an educational benefit which is actually used for items such as tuition, books, fees, equipment, transportation, and child care expenses necessary for school attendance shall be exempt.
Income from educational benefits paid to a veteran or to a dependant of a veteran shall be exempt only to the extent that it is applied toward educational expenses.
Ill. Admin. Code tit. 89, § 113.130
Amended at 16 Ill. Reg. 9986, effective June 15, 1992