For students in Illinois seeking financial assistance for college education, the Illinois Student Assistance Commission (ISAC) offers a variety of financial aid programs, including grants and scholarships. This blog provides an overview of these opportunities and how to apply for them.
Monetary Award Program (MAP)
The MAP is Illinois’ largest grant program for low-income college students. It provides need-based awards that do not need to be repaid. To be eligible, students must:
- Be an Illinois resident
- Attend an approved Illinois college or university
- Demonstrate financial need
- Meet academic standards set by the institution
To apply for MAP, students must complete the Free Application for Federal Student Aid (FAFSA) or the Alternative Application for Illinois Financial Aid for undocumented and transgender students. MAP grants are awarded on a first-come, first-served basis, so it’s important to apply early.
Other ISAC Programs
In addition to MAP, ISAC administers several other financial aid programs, including:
- Illinois National Guard Grant: For members of the Illinois National Guard, covering tuition and certain fees.
- Illinois Veteran Grant: For eligible Illinois veterans to cover tuition and certain fees.
- Grant Program for Dependents of Police or Fire Officers: For dependents of Illinois police or fire officers who were killed or disabled in the line of duty.
Scholarships
ISAC also offers various scholarships for Illinois students, including:
- Golden Apple Scholars of Illinois: For future teachers in Illinois with a commitment to teaching in schools of need.
- Minority Teachers of Illinois (MTI) Scholarship: For minority students who plan to become teachers in Illinois.
Applying for Financial Aid
1. Determine Your Eligibility
Before applying for financial aid in Illinois, determine if you meet the eligibility criteria for state and federal aid programs. Eligibility may be based on factors such as residency, financial need, academic achievement, and enrollment status.
2. Complete the FAFSA
The Free Application for Federal Student Aid (FAFSA) is the primary application for federal and state financial aid, including grants, scholarships, work-study programs, and student loans. Complete the FAFSA online at studentaid.gov.
3. Submit the Alternative Application (if applicable)
Undocumented students and transgender students who do not meet the FAFSA criteria may be eligible for state financial aid through the Alternative Application for Illinois Financial Aid. The application is available on the Illinois Student Assistance Commission (ISAC) website.
4. Explore State Programs
Illinois offers several state-specific financial aid programs, such as the Monetary Award Program (MAP) and the Illinois National Guard Grant. Visit the ISAC website (isac.org) for information on eligibility and how to apply.
5. Check for Institutional Aid
Contact the financial aid office at your college or university to inquire about institutional aid, such as scholarships, grants, or work-study programs specific to your school.
6. Review and Accept Your Financial Aid Package
After submitting your applications, review your financial aid package carefully. Accept the aid you wish to receive, keeping in mind the terms and conditions of each type of aid.
7. Meet Deadlines
Be aware of application deadlines for federal, state, and institutional aid. Missing deadlines can result in losing eligibility for certain types of financial aid.
Applying for financial aid in Illinois involves multiple steps, from completing the FAFSA to exploring state-specific programs. By following this guide and meeting all deadlines, you can maximize your chances of receiving financial assistance for your education.
For more information on eligibility and applications for state financial aid, visit ISAC.org or call the ISAC call center.
