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If you are placed on finanical aid probation, you have one semester to improve your GPA or completion rate. If you are unsuccessful, you are placed on financial aid dismissal and given an opportunity to appeal your financial aid. Please see the TRIO SSS staff for assistance with your appeal.

 

If you are dropped from a course by the instructor for non-attendance, withdraw from a class before the 11th week, or just stop attending classes, you will be required to repay at least part of the money awarded.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial Aid

We encourage all students to apply for financial aid by completing the FAFSA EARLY in the spring. When you do your taxes, do your financial aid application! By completing the FAFSA, you are also applying for the State of Illinois financial aid.

To be eligible for financial aid, you must...

  • Meet income guidelines
  • Maintain 67% completion rate of enrolled credit hours
  • Maintain minimum of 2.0 cumulative GPA
  • Do not exceed maximum number of hours allowed to complete a degree or certificate (150% of total number of hours required for the program) 

For tips on completing the FAFSA click here.

FAQ´S

  1. When do I apply for financial aid?
  2. What is financial aid used for?
  3. When do I need my parent´s information to file for financial aid?
  4. How do I stay eligible for financial aid?
  5. Do I have to be full-time to receive financial aid?
  6. What is full time status?
  7. Will I have to pay back my financial aid if I drop a class?
  8. What happens to the extra financial aid I have after it pays for my tuition, fees and books?
  9. When can I charge my books?

1) When do I apply for financial aid?

Apply once a year in the spring after you and your parents' income tax return is completed. Don't wait until summer…you may not get your paperwork processed in time for the fall semester!

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2) What is financial aid used for?

Financial aid pays for tuition, fees, and books.

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3) When do I need my parent's information to file for financial aid?

If you are under the age of 24, not married, have no children, and are not a veteran, you will need your parent's tax information…even if you don't live in their home.

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4) How do I stay eligible for financial aid?

Keep your GPA above a 2.0 and your completion rate above 67%.  (You must successfully complete at least 67% of the classes you enroll in.)

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5) Do I have to be full-time to receive financial aid?

No, you can receive financial aid if you are not full-time. However, financial aid is based on your enrollment status. If you are ¾ time, you will not receive the entire amount.

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6) What is full-time status?

Full-time status is enrolling in 12 semester hours or more

Three-quarter time status is enrolling in 7-11 semester hours

Half-time status is enrolling in 6 semester hours

Less than half-time status is enrolling in 5 semester hours or less

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7) Will I have to pay back my financial aid if I drop a class?

No. You only pay back financial aid if you drop all of your classes for the semester or stop going to classes before the 11th week of the semester.

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8) What happens to the extra financial aid I have after it pays for my tuition, fees, and books?

If you receive the MAP award, that money can only be used for tuition. If you receive the Pell award or other scholarships, you will receive a check after the 3rd week of classes for the remaining amount after your charges are paid. You can use that money for living expenses such as rent, utilities, transportation, daycare, etc.

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9) When can I charge my books?

Once your financial aid is in place, you can charge your books to your account 48 hours after you have registered for classes or made any changes to your schedule.

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