Employment RSS FeedHow to Get Financial Aid
Financial aid is available to students from federal, state and local sources. Financial aid consists of scholarships, grants, loans and on-campus work opportunities. The following programs are available to provide an opportunity for students to begin or continue their education. All students must reapply for financial aid each academic year.
For Further Information Contact
Financial Aid/Veterans Office
Room U-128
Kishwaukee College
21193 Malta Road
Malta, IL 60150-9699
815/825-2086, ext. 224
FINANCIAL AID OFFICE ADVICE: APPLY FOR EVERYTHING. APPLY EARLY. ASK FOR HELP IN FILLING OUT FORMS.
Financial Aid Sources
| Name/Source | Who is Eligible? | Value & Duration | When & How to Apply |
|---|---|---|---|
| 1. Illinois Student Assistance Commission (ISAC) Monetary Award (MAP)(State) | Undergraduate students who are at least half-time students, who are Illinois residents and who demonstrate financial need. | Tuition and mandatory fees for one year; renewable for up to 9 undergraduate semesters with continued financial need. | Complete Free Application for Federal Student Aid (FAFSA). Applications are available from high school counselors and at Fin. Aid Office or at www.fafsa.ed.gov. Funding unlikely for applications made after 8-26-06. |
| 2. Federal Pell Grant | Undergraduate students who demonstrate financial need. Eligibility is based on the expected family financial contribution, the cost of college attendance, and the amount of funds available. | Varies with the student's financial need and enrollment status. Awards made for one year; renewable until receipt of first bachelor's degree and continued financial need. Maximum grant at Kishwaukee is $4,050 annually for full-time students. | See 1 above. Complete Kishwaukee College Financial Aid Application. To have an award notice by the time school starts, apply by 10-15-06. Application turn around is usually 4-6 weeks after initial submission. |
| 3. Federal Supplemental Educational Opportunity Grant (FSEOG) | Undergraduate students with financial need who attend at least half-time. | $200-$500 per year; varies with the student's financial need and fund availability. Awards made for one year; renewable until the completion of the first bachelor's degree with continued financial need. | See 2 above. Funds usually not available for new spring applicants. |
| 4. Federal Work-Study Program (FWS) | Undergraduate and graduate students who are at least half-time and who demonstrate financial need. | Students apply for on-campus jobs related to their experience, interests, goals, and job availability. Minimum wage is paid. | See 2 above. Applications completed after 10-15-06 may not receive award notices before school starts. |
| 5. Silas Purnell Illinois Incentive for Access Program (IIA) (State) | Illinois resident. First-time freshman students who are enrolled at least half-time who have an Expected Family Contribution (EFC) of O as determined by the federal government. | $250 per semester, $500 maximum award. | See 2 above. Funding unlikely for applications made after 8-19-06. |
| 6. Illinois Veteran Grant (IVG) (State) | Veterans who were Illinois residents when entering military service, who have served at least one year of active duty, and who returned to Illinois within six months from the date of honorable discharge. | Tuition and mandatory fees. Usage is determined by a point system, maximum points available are 120. It does not cover GED coursework. | Apply to the Illinois Student Assistance Commission by 3-1-07 for Spring term. Applications are available at the Financial Aid Office. A copy of the veteran's DD214 form is required. Application turn around is 4-6 weeks. |
| 7. Illinois National Guard/Naval Militia Scholarship (State) | Students who have served for at least one year in the Illinois National Guard or Naval Militia and who continue to be a member of the Guard or Militia while enrolled. | Tuition and mandatory fees for eight semesters of either full-time or part-time study. It does not cover GED coursework or non-credit courses. | Apply to the Illinois Student Assistance Commission by 3-1-07 for Spring term. Applications available from unit or Fin. Aid Office. Application turnaround is approx. 4-6 weeks. |
| 8. Federal Stafford Loan Program | Half and full-time students who demonstrate financial need. | $150-$3500 based on academic classification and financial need. Undergraduate aggregate maximum of $23,000. Interest rate varies between 4%-8.25%. Repayment begins 6 months after student leaves school. Loans are made for a semester or academic year. | See 2 above. Official academic transcripts from all previous colleges are required. Students must locate lending institutions. Loan application available at Financial Aid Office. Application deadline for spring loans is March 19, 2007. |
| 9. Kishwaukee College Academic Achievement Award (Local) | Two awards are available to each in-district high school graduating class. Students must rank in the top 25% of their senior class. | In-district tuition, registration fees, and activity fee for the Fall and Spring, or Summer terms, for a total of 4 semesters. Each semester stu-dent must complete 12 semester hours with a 3.100 cumulative grade point average. | Contact Financial Aid Office or high school counselor. Official high school transcript and letters of recommendation are required. Students are also required to complete financial aid application. Awards are made immediately after high school graduation. Priority deadline of April 19, 2007, for the 2007-2008 school year. |
| 10. Kishwaukee College Achievement Award (Local) | Member of Forensic Team, Live-stock Judging Team, Kaleidoscope (Student Newspaper) or Student Association. | Same as 9 above. Each semester student must complete 12 semester hours with a 2.000 grade point average. | Contact coach or advisor of team or organization or Financial Aid Office. Students are required to complete financial aid applications. January 29, 2007 deadline. |
| 11. Kishwaukee College Athletic Achievement Award (Local) | Member of Men's Baseball, Basket-ball; and Women's Basketball, Softball, Tennis or Volleyball; or Golf or Soccer Teams. | Same as 10 above. | Contact Athletic Director, team coach, or Financial Aid Office. Students are required to complete financial aid applications. January 31, 2006 deadline. |
| 12. Kishwaukee College Foundation Award (Local) | Full or part-time in-district students. | $100-$400 per semester. | See 2 |
| 13. Emergency Loan Fund in honor of former faculty member Stan Hagen (Local) | Available to full-time students with unforeseen emergencies related to the costs of attending school. Emergency loans cannot be used for tuition and fees or book expenses. | $50 maximum interest-free loans. Emergency loans are generally on a 30-day repayment basis and must be repaid within the semester in which funds are loaned. Maximum of one emergency loan per semester. | Apply at the Financial Aid Office at Kishwaukee College after the refund period of each semester. Tuition and fees must be paid prior to receiving emergency loan. |
| 14. Adult Center Emergency Loan (Local) | Adult students age 23 or over with unforeseen emergencies related to the costs of attending school. | Emergency loans of up to $100 generally repaid in 30 days or by the end of the semester in which funds are loaned. Maximum of one emergency loan per semester. | Apply at the Financial Aid Office after the refund period of each semester. |
| 15. Benefits for Veterans (Montgomery GI Bill/VEAP/Selected Reserve)(Federal) | Veterans attending Kishwaukee College may be eligible for educational benefits under the G.I. Bill. Must have at least 181 continuous active service days with the date of entry on or before Dec. 31, 1976, and received other than dishonorable discharge. Benefits must be used within 10 years from date of discharge. | Benefits include a monthly allotment for students based on their enrollment status. If less than half-time, tuition and fees will be paid by the V.A. Tutorial assistance and a veteran work-study program are available. | Contact the Kishwaukee College Veterans Affairs Office to complete a program card each term to receive monthly benefits. A certified copy of the veteran’s VA form DD214, is required to initiate benefits. Monthly payments to the student from the VA arrive approximately 6-10 weeks after enrollment certification by the Veterans Office. |
| 16. Vocational Rehabilitation for Veterans (Federal) | WWII vets or thereafter, discharged under other than dishonorable conditions. Must be eligible for disability compensation from V.A. within 9 years from date of discharge. | Benefits include a monthly allotment, books, supplies, and other necessary school-related items and tutorial assistance. 48 months maximum usage. | See 15 above. |
| 17. Survivors & Dependents of Veterans (Federal) | Son, daughter, or spouse of veteran who died in service, died as a result of service-connected disability, or who became permanently or totally disabled as result of service-connected disability; who dies while disability was in existence. Dependents of veterans who were listed as MIA, captured or detained in line of duty by foreign government for more than 90 days also qualify. | Benefits include a monthly allotment and tutorial assistance. 45 months maximum usage. For MIA or POW only until end of current term after return of veteran. | See 15 above. |