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Kaskaskia college registration

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FINANCIAL AID<br />

There are several types of financial aid available to<br />

meet a student’s educational needs. These include<br />

the following:<br />

1. Grants and scholarships: Gift aid that the<br />

student is not required to repay<br />

● Federal Pell Grant<br />

● Federal Supplemental Education Opportunity<br />

Grant<br />

● Illinois Monetary Award Program (MAP) Grant<br />

● Illinois Veteran Grant<br />

● Illinois National Guard Grant<br />

● MIA/POW Scholarship<br />

● <strong>Kaskaskia</strong> College Board of Trustees Scholarship<br />

● <strong>Kaskaskia</strong> College Athletic and Activity<br />

Scholarship<br />

● <strong>Kaskaskia</strong> College Foundation Scholarship<br />

2. Employment wages earned by the student<br />

participating in the <strong>Kaskaskia</strong> College Work-<br />

Study Program.<br />

3. Student loans: Money that the student must<br />

repay following graduation.<br />

● <strong>Kaskaskia</strong> College participates in the Federal<br />

Direct Student Loan Program.<br />

STUDENT LOANS<br />

<strong>Kaskaskia</strong> College participates in the Federal Direct Loan<br />

program. Federal Direct Loans are either Subsidized or<br />

Unsubsidized.<br />

To participate in the loan programs, the student must meet<br />

Satisfactory Academic Progress requirements. Loan applicants<br />

must also have attained a minimum 2.0 term GPA during their<br />

last semester of attendance at <strong>Kaskaskia</strong> College. Loans are<br />

not processed retroactively for prior completed semesters.<br />

To qualify for a subsidized loan, the student must demonstrate<br />

financial need; unsubsidized loans are open to all students.<br />

While the student is in school, payment of principal is deferred<br />

on both types of loans. Interest on subsidized loans is paid with<br />

federal funds, whereas the student is responsible for accrued<br />

interest on unsubsidized loans. The amount and type of loan<br />

that a student may borrow at <strong>Kaskaskia</strong> College will vary<br />

depending on the student’s financial need and other sources of<br />

aid being received.<br />

Loan maximums for students attending <strong>Kaskaskia</strong> College:<br />

FINANCIAL AID<br />

REQUIREMENTS<br />

A STUDENT MUST:<br />

1. Be pursuing a degree or certificate at<br />

<strong>Kaskaskia</strong> College.<br />

2. Complete the Free Application for Federal<br />

Student Aid (FAFSA) listing <strong>Kaskaskia</strong><br />

College, title IV code 001701 as the<br />

<strong>college</strong> of choice.<br />

3. Have a high school transcript indicating<br />

graduation date or passing scores from<br />

the GED on file with the Admissions<br />

Office.<br />

4. If male, and at least 18 years of age, be<br />

registered with Selective Service. If<br />

you are not required to be registered<br />

call the Selective Service Office at<br />

1-847-688-6888 for exemption<br />

information.<br />

5. Meet all requirements of <strong>Kaskaskia</strong><br />

College Financial Aid Satisfactory<br />

Academic Progress Policy.<br />

6. Be a U.S. citizen or eligible non-citizen.<br />

7. Not be in default on student loans or<br />

owe a Title IV refund.<br />

8. Provide all requested verification<br />

documentation.<br />

Complete details of financial aid availability<br />

and student requirements and responsibilities<br />

are available in the Student Consumer<br />

Financial Aid Information Booklet.<br />

Copies can be obtained from<br />

the Office of Financial Aid.<br />

Freshman students $5,500<br />

Sophomore students $6,500<br />

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