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.

Payment Plans

If you would like to pay your education expenses monthly, use the interest-free monthly payment option offered by our partner, Tuition Management Systems. To aid our families, Eureka College is covering the enrollment fee which makes your college investment interest-free.

Tuition Management Stystems includes personal account service, automated account information 24 hours a day, access to your account through their web site, and a chance to win one of eight annual $1,000 Tuition Management Systems Scholarships.

Visit Tuition Management Systems for more information on payment options, education loans, free education payment counseling and the many ways they can help you afford education.

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 53B PNC Sallie Mae

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