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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 kimberly.eck@isac.illinois.gov 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