Figuring out how to afford college may be one of the most stressful parts of attending school for some people. But don’t worry, we’ve got some great tools to help students like you make paying for college a reality.
As a resident of Illinois, you can apply for state-specific financial aid, as well as federal funding.
From state programs, like the Monetary Award Program or the Golden Apple Scholars of Illinois , to federal financial aid through the FAFSA, there are many resources that can be key in helping to pay for tuition.
Let’s look at some college funding options that Illinois residents should explore.
Step 1: Apply for Federal Funding
The first step to finding financial support for college is filling out the FAFSA (which stands for the Free Application for Federal Student Aid).
Completing the FAFSA submits your application for federal financial aid, as well as some scholarships and grants that might apply to you (without having to submit a separate form). This is why it should be your first step in figuring out how to pay for college.
After submitting your FAFSA, you’ll be considered for:
- Federal grants
- Federal subsidized and unsubsidized loans
- Some state grants
- Financial aid from the school you are accepted into
We will admit, the downside of having to fill out the FAFSA is that the form is complicated and can be frustrating. However, we have a comprehensive guide that will help get you through each question without pulling out your hair!
And remember, you should submit the FAFSA as soon as you can (it is available in October the year before you go off to college).
Step 2: Apply for State Funding and Scholarships
Some scholarships and grants require a separate application, and are not included in the FAFSA. These financial opportunities may be more difficult to find, which is why we’ve listed some that might be directly applicable to you.Continue reading