|Year||Application Begins||Tax Information to Report|
|2016-17||January 1, 2016||2015|
|2017-18||October 1, 2016||2015|
The federal financial aid application dates will see a major shift starting with 2016-17. Students will begin filing the FAFSA on Oct 1 each year and will report income from two years prior. This will benefit most families and with the income available from the IRS at the initial filing date, it will simplify the application process and reduce requests for income verification.
To learn more, here is a quick video on how families will benefit using prior-prior year income data. How Prior-Prior Year Helps Students
Tuition and fees are due approximately three weeks before each semester. Keep in mind that applying for financial aid can be a long process. If your financial aid eligibility has not been determined by the tuition due date, you will need to pay or sign up for the college’s payment plan. You should file your FAFSA by June 1 for the fall semester, Nov. 1 for the spring semester and March 1 for the summer semester. If you are transferring your financial aid from another institution, please go back to your FAFSA application and add our school code (007265) to your application and re-submit your FAFSA so our office receives the information or contact the Financial Aid Office to help you with this process.
The 2016-17 Free Application for FAFSA is used to award aid for the following terms: 2016 Fall, 2017 Spring and 2017 Summer.
Some families experience a change in their circumstances that impacts their ability to pay college expenses. If you experience a loss of job or benefits, a death or divorce, you may qualify for a recalculation of your eligibility. Special Conditions applications may be submitted after June 1, AND after the student has been awarded or denied federal student aid based on the original application. Special Conditions may increase your eligibility for federal aid and in some situations the Illinois MAP Grant. Please go to the Financial Aid Forms page or contact the Financial Aid Office for a Special Conditions application.