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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 are strongly encouraged to submit the 2020-2021 FAFSA between October 1 and December 1, 2019 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.
Non-Illinois residents should submit the FAFSA by March 1, 2020.
|To renew your financial aid|
Step 1: Complete the FAFSA for the correct year
Step 2: (optional) Complete any “special circumstances form(s)” for the correct year. Forms for 2020-2021 will be available in mid-October.
Scholarships for the college will be renewed with continued, full time enrollment. Duration is limited to eight semesters for freshman and pro-rated for transfer students. Additional eligibility time may be granted on appeal. Unless noted otherwise, a minimum cumulative GPA of 2.0 is required to renew, in addition to the renewal requirements below.
Forester Scholarships are renewed conditional on meeting the requirements of the respective department, as shown below or otherwise defined by the department. Scholarships will be evaluated individually by the department every spring to determine renewal of the award.
Actively contribute to the music department, and maintain membership in a department ensemble.
What Happens Next?
After we review your FAFSA, we will notify you of other required documents. After the spring semester grades are posted, 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.