Federal & State Programs for Full-Time Undergraduate Students

The University of St. Francis participates in the following federal and state programs. All students must complete the Free Application for Federal Student Aid (FAFSA) in order to determine eligibility. For additional information about federal and state aid, please visit our financial Aid website.

To apply for financial assistance, please visit www.fafsa.ed.gov. The FAFSA school code for USF is 001664

Federal Pell Grant Program


Award Range: $577 – $5,550

Family Contribution < $4,995

Federal SEOG Grant Program

Award Range: $400 – $4,000
Pell recipient w/need


Federal TEACH Grant Program

Award Range: Up to $4,000 annually
Grant for students who intend to teach in a high need school within a determine shortage area discipline. More information maybe found at www.federalstudentaid.ed.gov and click on the Student, Parents, and Counselor heading. Grand award becomes a federal loan if student does not fulfill teaching requirements.


Federal College Work-Study

Award Range: Up to $3,000 annually

Financial Need

Federal Carl D. Perkins Loan


Award Range: Up to $4,000 annually

Financial Need

Federal Direct Subsidized Loan

(Total combination of Subsidized and Unsubsidized cannot exceed ranges)
Award Range: Up to $3,500 for Freshman; $4,500 for Sophomores; $5,500 for juniors and seniors

Financial Need, 3.4% fixed interest rate as of July 1, 2011 for new and existing loans.

Federal Direct Unsubsidized Loan


(Total combination of Subsidized and Unsubsidized cannot exceed ranges)
Award Range: Up to $3,500 for Freshman; $4,500 for Sophomores; $5,500 for juniors and seniors;
An additional $2,000 is available for dependent students as of July 1, 2008

6.80% fixed interest rate as of July 1, 2008

Federal Direct Parent Loan (PLUS)

Award Range: Up to full cost of attendance less any other assistance

7.90% fixed interest rate as of July 1, 2007 for new and existing loans. Payments are scheduled to begin immediately. Parent Borrower may request deferment of payments while student is enrolled half-time in school through Direct Loan Servicing.

State Aid Programs for Full-Time Undergraduate Students


The University of St. Francis participates in the following federal and state programs. All students must complete the Free Application for Federal Student Aid (FAFSA) in order to determine eligibility. For additional information about federal and state aid, please visit our financial Aid website.

To apply for financial assistance, please visit www.fafsa.ed.gov. The FAFSA school code for USF is 001664

Illinois Monetary Award Program

Award Range: $400 – $4,968 Annually

Financial Need, Illinois residency

 

Silas Purnell Incentive for Access Grant

$500 one time award
Freshman with zero(0) EFC, Illinois residency.


Illinois Future Teachers Corps

Programs require teaching commitment upon graduation – If the applicant fails to meet the commitment, the scholarships become a loan and must be repaid by the student.

Award Range: $5,000 – $10,000

Must pursue teaching career in Illinois and sign agreement, Illinois Residency

Minority Teachers of Illinois Scholarship

Programs require teaching commitment upon graduation – If the applicant fails to meet the commitment, the scholarships become a loan and must be repaid by the student.

Award Range: $5,000 per year

Minority and must sign teaching agreement, Illinois residency