Friday's Deadline For State Financial Aid Marks Earliest Cut-Off In History
Photo by: fotomattic
Although the deadline hasn't been reached, state officials said via the Chicago Sun-Times that they had to stop taking applications for grants because the demand has outweighed the amount of money available--130,000 applications have been submitted so far. ISAC Executive Director Andy Davis did note that the state would allow as many as 150,000 grants for the upcoming school year, an increase from the 130,000 that were handed out last year. Close to 140,000 students were also denied aid last year, and a similar figure could potentially be denied again.
If you're a state resident attending a school in Illinois, you're eligible to apply. Fill out the free application for Federal Student Aid at fafsa.ed.gov. Even when the deadline passes, students should still log-on and apply because they could qualify for federal or other types of financial assistance.