Financial Aid



The FAFSA newsletter will be emailed to all Seniors and their parents on 1/9/24.

Create your FSA ID

Complete the FAFSA (Free Application for Federal Student Aid) 

Go to the Federal Student Aid Estimator at to get an estimate of your projected financial aid package based upon your most recent tax return.  

Based upon the information presented in the FAFSA, you will receive a Student Aid Report (SAR) which will outline your Student Aid Index (SAI) and any of the award information below.

FAFSA Nonparticipation Forms

FAFSA is a graduation requirement in Illinois. For students who choose not to file an application, a waiver may be completed by their parent. The 2023-24 Nonparticipation Form (used to opt-out of the 2024-25 FAFSA) can be submitted online on ISAC's Student Portal under the Program Applications & Status Checks tab. See the Financial Aid Application Nonparticipation Form Instructions for details on how to complete the electronic form. 


Financial Aid Comparison Worksheet-ISAC resource that allows you to generate a side-by-side comparison of the financial aid offers that you have received.

Focus on Net Price, Not Sticker Price- Great article and resource by College Board.  "College may seem expensive. But the truth is that most students pay less than their college’s sticker price, or published price, thanks to financial aid. So instead of looking at the published price, concentrate on your net price — the real price you’ll pay for a college."

College Board's Net Price Calculator

Financial Aid Overview-- (Copy of the September slide presentation.)

Video: Types of Federal Student Aid 

Video: Overview of Scholarships and Grants 

Sallie Mae-Paying for College Resource

ISAC-Illinois Student Assistance Commission

Questions about financial aid? Get answers directly from ISAC’s experts sent to your phone. Text your name to 630-216-4910. 

Please direct your financial aid questions to our ISAC Representative Avalon Bruno at or (847) 257-5162 


The Dream.Us

Elgin Community College

HACU(Hispanic Association for Colleges and Universities)

The Anhelo Project Scholarship


Stafford Loans (most common)

Federally funded loans awarded to students

Plus Loans (Apply after receiving your SAR)

Fixed rate loans awarded to parents

Federal Work Study Program

Students are provided with part-time jobs to help cover tuition expenses.

Pell Grants

Federally funded grant awarded to students

Supplemental Educational Opportunity Grants (SEOG)

Federally funded grant awarded to Pell Grant recipients

Illinois Map Grant

State funded grant awarded to students

Academic, Athletic, and Talent Scholarships

Money is awarded to students

ROTC Scholarships

Money is awarded to students

Montgomery GI Bill & Post 9/11 GI Bill

Money is awarded to students