Although funds have been exhausted for MAP grants, there is still Pell funding available to help Illinois students pay for college.
"Students should be aware that even with projected funding for the state's Monetary Award Program exhausted, those who are MAP-eligible will likely also qualify for a Pell Grant, which can provide up to $5,645 annually when attending an eligible institution full time," Illinois Student Assistance Commission Executive Director Eric Zarnikow said.
So far this year, students have qualified for almost $1.1 billion in Pell Grants for next year, with the maximum Pell Grant covers 100 percent of tuition and fees for a community college student, with some money remaining to help with books and other expenses.
"It's important that students not end their search for non-loan assistance once MAP awards are suspended," Zarnikow added. "But, as with almost all financial assistance, the important first step is for a student to file the Free Application for Federal Student Aid (FAFSA)."
Pell Grants are need-based and available to low-income undergraduate students. They are able to be used at about 5,400 post secondary institutions, including all public, most private, and many proprietary institutions in Illinois. Amounts depend on the student's expected family contribution, the cost of attending the institution, the student's full-time or part-time enrollment, and whether the student will attend the school for a full year or less.
More information can be found at www.isac.org.
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