Awarded by the state and federal governments, grants are funds for educational expenses that do NOT need to be repaid.
The award year for financial aid includes the summer following the academic year for which aid is awarded. Of the grant programs listed below, only the Pell Grant is awarded for summer. The Pell Grant for summer 2013 is based on student eligibility established for the 2012-2013 year.
- Pell Grant — This program is for students who have not earned a bachelor's degree and is based on financial need. The maximum grant requires a zero Expected Family Contribution (EFC) and enrollment of at least 12 credit hours. Grants are reduced for higher EFCs and part-time attendance. Two semester grants for full-time attendance for 2012-2013 range from $5,550 to $575.
- Supplemental Education Opportunity Grant — Students must be Pell Grant eligible and have zero Expected Family Contributions. Grants are $500 for students taking 12 credit hours. Grants are pro-rated for less than 12 credits and students must be enrolled for at least 6 credit hours
State of Illinois Grants
- Monetary Award Program (MAP) — This program requires Illinois residency and is based on financial need. The maximum grant for 2012-2013 is $1,587 based on 15 credit hours of attendance. Grants are reduced for less than 15 credit hours down to the minimum enrollment of 3 credit hours.