FAFSA/Financial aid
FAFSA
FAFSA form becomes available in December
TO COMPLETE THE FAFSA YOU WILL NEED:
- 2023 Tax information
- Social Security Numbers
COMPLETE THE FAFSA NOW BY FOLLOWING THESE 2 STEPS:
Need assistance completing the FAFSA?
Contact our ISACorps Representative:
Daniela Gonzales
309-214-5553
**Starting in school year 2020-21, to receive a diploma from a public high school a student must complete the Free Application for Federal Student Aid (FAFSA).**
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***Alternatively, a parent/guardian must file a waiver if they choose to opt a child out of this graduation requirement by completing this ***NON_PARTICIPATION FORM*** and returning it to the Counseling Office by December 2023.
WHAT IS FINANCIAL AID?
Financial aid could make the difference in your life. It may mean being able to continue your education when you otherwise would not be able. Or it could mean being able to attend the school of your choice, despite higher tuition costs.
Financial aid covers the educational costs that you can’t pay for. Most finanical aid is awarded to families on the basis of eligibility or need. Need is determined by the school you attend based on information you provide about you and your family’s ability to pay for your educational costs and formulas set by law. That information will need to be presented to the federal government through completion of the Free Application for Federal Student Aid (FAFSA).
In general, there are 4 types of financial aid:
Aid that is gifted and does not have to be repaid. Scholarships may be based on merit or special interests and / or talents
Aid that is gifted students judged to have financial need. Example: MAP Grant
Government sponsored student loans are based on eligibility requirements and must be repaid
Students with financial need work to help pay for education expenses