Illinois Statutes Chapter 110. Higher Education § 920/3. Definitions

(a) “College Savings Bonds” mean general obligation bonds of the State issued under the General Obligation Bond Act  1 in accordance with this Act and designated as General Obligation College Savings Bonds.

(b) “Institution of Higher Education” includes: The University of Illinois; Southern Illinois University; Chicago State University; Eastern Illinois University; Governors State University; Illinois State University; Northeastern Illinois University; Northern Illinois University; Western Illinois University; the public community colleges of the State; any public universities, colleges and community colleges now or hereafter established or authorized by the General Assembly; any nonpublicly supported postsecondary educational organization located and authorized to operate in this State which operates privately, not-for-profit. “Institution of higher education” does not include any educational organization used for sectarian instruction, as a place of religious teaching or worship or for any religious denomination or the training of ministers, priests, rabbis or other professional persons in the field of religion.