Federal & State Aid Programs for Part Time & Degree Completion Students
Federal Programs
Federal Pell Grant Program
- Award Range – $400 – $5,500
- Requirements – EFC < 5,273
Federal Direct Subsidized Loan
(Total Combination of Subsidized and Unsubsidized cannot exceed yearly award amounts)
- Award Range – Up to $3,500 for freshman; $4,500 for sophomores; $5,500 for juniors and seniors per academic year
- Requirements – Financial need, 4.50% fixed interest during repayment
Federal Direct Unsubsidized Loan
(Total Combination of Subsidized and Unsubsidized cannot exceed yearly award amounts)
- Award Range – Up to $5,500 for freshman; $6,500 for sophomores; $7,500 for juniors and seniors per academic year
- Requirements – 4.50% fixed interest during repayment
State Programs
Illinois Monetary Award Program
- Award Range – $400 – $4968 annually
- Requirements – Financial Need, Illinois residency
Outside Programs
Private Alternative Loan Programs
- Award Range – Up to cost of attendance less other assistance and loans
- Requirements – Interest varies by lending institution and credit score Contact Financial Aid Services and review alternative financing options before applying.