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Illinois and Federal Financial Aid Programs

The number of scholarships and grants made through programs administered by ISAC, as well as the individual dollar amount awarded, are subject to sufficient annual appropriations by the Illinois General Assembly and the Governor.

The State of Illinois has many programs and services that deliver financial aid to students in Illinois. Below are some of the state financial aid programs that, dependent upon annual appropriations (i.e., funding levels), may be available. Additionally, a number of financial aid programs are offered by the federal government, and they are listed here, along with links to their descriptions. Be sure to research your options before finalizing your financial aid path. Also, see the links below for more information about financial aid and to determine the status of funding levels for individual programs during a specific academic year.

Note: Programs denoted below by an asterisk (*) are available to undergraduate students only; a double asterisk (**) indicates programs for graduate students only. All other programs are for both undergraduate and graduate students.

Scholarship Programs

Grants and Work-Study

Many other scholarships and grants are available, as well. The Internet is a great resource when searching for financial aid.

Honors Program

529 College Prepaid Tuition and Savings Programs

Loan Programs

Loan Repayment/Forgiveness Programs

Also sponsored by the State of Illinois:

Illinois College Savings Bonds (College Savings Bonds are tax-exempt, zero-coupon bonds issued by the State of Illinois. They provide individual investors with long-term investments to help fund college expenses.)

The Illinois Department of Children & Family Services (DCFS) administers several programs, including the Education & Training Voucher Program, Community College Payment Program, Youth in College/Vocational Training Program and Scholarship Program, which provide postsecondary education funding sources for students associated with DCFS.

More links for financial aid information: