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Financial Aid for Returning Students
The College is committed to providing comparable levels of need-based financial aid as long as you complete financial aid applications by the deadline, continue to demonstrate a similar level of “financial need,” and maintain satisfactory academic progress.
Currently enrolled international students and undocumented students do not need to reapply each year. Aid is normally continued at a level similar to the current year.
Illinois residents must submit the 2018-2019 FAFSA by November 15, 2017 to be considered for Illinois MAP Grant funds for next academic year. The College cannot replace a MAP Grant with other funds if you miss the deadline.
The IRS DRT (Data Retrieval Tool) will be back up and running on October 1, 2017 with new encryption measures (details).
Renew your aid
Step 1: Complete the FAFSA for the correct year
(Free Application for Federal Student Aid)
Step 2: (optional) complete special circumstances form(s)
Please complete any applicable form(s) only if your cost exceeds the minimum amount shown. Return them to the Office of Financial Aid. If possible, save as a .pdf and send by email. You may also fax or send by mail to the number/address on the form.
- Educational Expenses - parent paying $2000+ for him/herself or your sibling (grades K-12 only) during 2017-2018 academic year
- Educational Loans - parent paying $2000+ toward loans in 2017 for which they are the borrower
- Healthcare Expenses - parent paying $3000+ in 2015, 2016, or 2017, which are not paid with “pre-tax” dollars
- Income Change (student) - experiencing a significant change vs. 2015
- Second Household Expenses - parents married, but living in different homes in different cities
- Unusual Expenses - parent paying $2000+ for childcare, funeral, legal, etc. in 2016 or 2017
Scholarships for the college will be renewed with continued, full time enrollment and maintaining a 2.0 GPA for eight semesters for freshman and pro-rated for transfer students. Additional eligibility time may be granted on appeal.
Forester Scholarships will be renewed conditional on maintaining the requirements of the respective department, as shown below.
Art Scholarships - details
Music Scholarships - coming soon
Theater Scholarships - coming soon
What Happens Next?
After we review your FAFSA, we will notify you of other required documents. Shortly after the spring semester grades are known, we will also review your “satisfactory academic progress” status (see below) and - if you continue to be eligible - prepare your financial aid award letter for the new academic year. The award letter is sent only by email, with one copy to you and one copy to your parent.
Satisfactory Academic Progress
Continued eligibility for financial aid is dependent upon maintaining “Satisfactory Academic Progress” (SAP). At the end of every semester you must achieve and maintain a cumulative grade point average (GPA) of a least 2.00 and must complete at least 67% of all classes attempted.
If you do not meet SAP standards you will be placed on “financial aid warning” for one semester, but will continue to receive financial aid. If you do not meet these standards after the semester of warning status, you will be placed on “financial aid suspension” and will not be eligible to receive financial aid until you meet SAP standards.
If extenuating circumstances have kept you from making satisfactory progress, you may appeal your “Financial Aid Suspension.” The appeal must include an academic plan (approved by the advisor) on how you plan to meet this standard within a reasonable time-frame. If you appeal and are granted an extension of the aid, you will be placed on Financial Aid Probation, on a semester-by-semester basis. The appeal form is available from the Office of Financial Aid.
More, detailed information about this policy can be found here.
If you have been notified of “financial aid suspension” complete the Financial Aid SAP Appeal Form .