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Financial Aid 101 Workshop

The Illinois Student Assistance Commission (ISAC) is pleased to offer its Financial Aid 101 workshop on the following dates:

This free, one-day workshop is designed to introduce new financial aid professionals to financial aid concepts, processes and programs, and help them develop a solid foundation on which to build their careers. Each session will begin at 9 a.m. and conclude by 4 p.m. A detailed agenda for the workshop is outlined below.

To register: please send an e-mail to Kim Eck, Training Coordinator, at if you would like to attend. Seating at each site is limited, so please register early.

Details regarding directions, parking, etc. will be provided to registered participants via e-mail a few days prior to the workshop.

Financial Aid 101 Agenda

Time Topic
9:00 a.m. Welcome and Introductions
9:15 a.m. Introduction to Financial Aid
  • Types and Sources of Financial Aid
  • Guiding Principles and Processes
  • Key Partners in Financial Aid
    • U.S.Department of Education
    • Illinois Student Assistance Commission (ISAC)
    • Professional Associations
10:30 a.m. Break
10:45 a.m. The Free Application for Federal Student Aid (FAFSA)
  • Completing the FAFSA
    • Frequently Asked Questions
    • Important Data for Illinois Students 
  • Student Aid Report (SAR) and Institutional Student Information Record (ISIR)
11:15 a.m. Need Analysis
  • Federal Methodology
  • Expected Family Contribution (EFC)
11:30 a.m. Case Study/Group Exercise
  • Calculating an EFC
12:00 p.m. Lunch On Your Own
1:00 p.m. ISAC’s Scholarship and Grant Programs
  • Monetary Award Program (MAP)
  • Military Programs
  • Teacher Programs
  • Targeted Programs
2:45 p.m. Break
3:00 p.m. Federal Financial Aid Programs
  • Grant Programs
  • Work Study Program
  • Student Loan Programs
4:00 p.m. Adjourn