​​â¶Ä‹â€‹ Financial Aid Disbursement Eligibility Chart for Fall, Winter, and Spring Quarters
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Full-time hours per quarter: 12+ |
Three-quarter time hours per quarter: 9Â - 11Â |
Half-time hours per quarter :Â Â 8 -Â 6
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Less than half-time hours per quarter: fewer than 6 hours |
Federal Pell Grant* (beginning with the 2024-25 academic year)
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12+ hours: 100%Ìý
For example if full-time Pell award is $2,465, 100% is $2,465
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11 hours: 92% 10 hours: 83% 9 hours:Â 75%
For example ifÌý´Ú³Ü±ô±ô-³Ù¾±³¾±ðÌýPell award is $2,465, and enrollment is 11 hours, 92% is $2,267
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8 hours: 67% 7 hours: 58% 6 hours: 50%
For example ifÌý´Ú³Ü±ô±ô-³Ù¾±³¾±ðÌýPell award is $2,465, and enrollment is 8 hours, 67% is $1,651
|
5 hours: 42% 4 hours: 33% 3 hours: 25% 2 hours: 17% 1 hours: 8%
For example ifÌý´Ú³Ü±ô±ô-³Ù¾±³¾±ðÌýPell award is $2,465, and enrollment is 5 hours, 42% is $1,035​â¶Ä‹ |
Illinois State Monetary Award Program (MAP) Grant**Â Â (estimated award amounts) |
15+ hours: $2,800 14 hours: $2,520 13 hours: $2,520 12 hours: $2,240
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11 hours: $1,960 10 hours: $1,960 9 hours: $1,680
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8 hours: $1,400 7 hours: $1,400 6 hours: $1,120
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5 hours: $840 4 hours: $840 3 hours or less: $0 |
University undergraduate grants |
100%Ìý
|
50%Ìý
| No disbursement |
University undergraduate scholarships |
100%
|
In general, require full-time enrollment |
Federal Direct Subsidized and Unsubsidized Loan |
100% minus loan origination fee There is a federal loan origination fee, deducted from your loan disbursement before your funds are received and paid to your student account. |
No disbursement |
Federal Direct Parent PLUS Loan |
Award is dependent upon projected hours at the time award is accepted. There is a federal loan origination fee, deducted from your loan disbursement before your funds are received and paid to your student account. |
No disbursement |
Federal TEACH Grant TEACH Grant allocations are subject to adjustment by Congress. TEACH Grant recipients should check with the Office of Financial Aid to confirm the most current award amounts. |
100%
|
75%
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50%
|
25%
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Federal Work-Study***
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Eligible to work and earn 100% of the award each term
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Eligibility limited to special circumstances; contact the Office of Financial Aid for more information |
External scholarships and grants |
100% of the maximum award each term
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Disbursement depends upon rules of scholarship sponsor |
​*Federal Pell Grant recipients: Starting in the 2024-25 academic year, as enrollment hours decrease, the Pell Grant award is calculated using enrollment hours as a percentage of 12 hours.​ ¹ú²úÂ鶹AV uses a financial aid census date (referred to as the Pell census date) for purposes of determining your term enrollment status for Federal Pell disbursement each term. The Pell census date is the day after the last day to drop classes with no penalty, as published on the academic calendar. Your enrollment status for Pell disbursement will be based on your official enrollment on this date.Ìý
**Illinois State Monetary Award Program (MAP) Grant recipients: ¹ú²úÂ鶹AV uses a census date to determine enrollment status for State of IL MAP Grant (Est) disbursement each term. The census date is the last day to drop classes with no penalty, as published on the academic calendar. Your enrollment status for State of IL MAP Grant (Est) disbursement will be based on your official enrollment on this date. Course changes that result in credit hour changes may impact your financial aid. If your financial aid is adjusted, it will be reflected on your ePay/eBill section of .Ìý
***Federal Work-Study recipients: Federal Work-Study funds are not disbursed to your university account. You receive Federal Work-Study funds through either direct deposit or paycheck based on hours worked in a qualified on-campus job.
- Assumes all general financial aid eligibility requirements, need requirements, and program-specific enrollment requirements are met, including active confirmed attendance/participation in all courses for which financial aid is authorized.
- Also assumes enrollment in courses that apply toward your degree program, and compliance with the .
- Summer enrollment requirements may vary: please refer to the online Request for Summer Financial Aid (available in Campus Connect after April 1 each year).
- Federal Work-Study assumes active participation in a Federal Work-Study-eligible ¹ú²úÂ鶹AV student employment position. Also assumes all general financial aid eligibility requirements and program-specific enrollment requirements are met, including active confirmed attendance/participation in all courses for which financial aid is authorized.
- Withdrawal from courses may have serious consequences. Your aid may be recalculated based on a failure to begin attendance in classes or failure to participate in online classes, and you may no longer be eligible for the financial aid disbursed to you. For more information, please refer to the Withdrawal from Classes section of this website.