Paying for School

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Scholarships

Learn more about EC Scholarships

Grants

Monetary Award Program (MAP)

By applying for financial aid and agreeing to share that information with the Illinois Student Assistance Commission (ISAC) you have been considered for the State of Illinois Monetary Award Program Grant. This award may be an estimate made by the financial aid office and, if so, is identified as a “State of IL MAP Grant (Est)”. MAP grants are limited based on the number of applicants and funding levels appropriated by the Illinois General Assembly. Please be aware that in light of state funding constraints, reductions to estimated or actual MAP grants are possible.

Starting with the 2004-05 academic year, eligibility for a MAP grant is being tracked by the equivalent number of semester credit hours of MAP benefits paid on your behalf. This is called MAP Paid Credit Hours. Payment for each term is being made according to the equivalent number of credit hours eligible for MAP payment, with a minimum of 3 and a maximum of 15 MAP Paid Credit Hours.

There is a limit on the number of MAP Paid Credit Hours that can be paid while you are classified by your school as a freshman and sophomore. This limit is the equivalent of 75 MAP Paid Credit Hours. If the maximum is reached, you must attain junior status for your MAP grant eligibility to resume. The maximum number of MAP Paid Credit Hours that can be received is capped at 135.

If a State of Illinois MAP Grant (Est) is not included in your award letter, you are not eligible for the grant at Eureka College.

Monthly Payment Plan

Education expenses are easier to pay when spread over predictable monthly payments. Our Monthly Payment Plan, administered by Tuition Management Systems, is an alternative to large annual or semester payments and helps limit borrowing. It is available for a small enrollment fee and includes:

  • Convenient monthly payments
  • 24-hour account access through Tuition Management Systems’ web site
  • Toll-free automated account information
  • Toll-free personal service Monday-Saturday at 888-210-5765

For costs and schedules, toll-free phone numbers, or to enroll, visit Tuition Management Systems at www.afford.com.

Loans

Federal Direct Plus Loans – Parents Only

Be sure to fill out EC’s documentation: EC Plus Loan Application

Federal Direct Loans Subsidized & Unsubsidized – Students

Alternative Loans

These links are to some alternative lenders.  You may select any lender that participates in the Alternative Loan Program.

Alliant CEFCU Charter One Commerce Bank Fynanz DISCOVER PNC Sallie Mae

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