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Monetary award program
MAP
By applying for financial aid and agreeing to share that information with the Illinois Student Assitance 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.
Important Links
check out your options
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Direct Links
to several lenders
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The above links are to our preferred lenders, but you may select any lender that participates in the Stafford, PLUS, and/or Alternative Loan Program. |
