Grants

Grants are awarded based on financial need and do not have to be repaid if the required eligibility is met

Federal Pell Grants

Pell Grant awards are based on 12 credit hours or more when awarded before the Add/Drop date for the semester. If the student is enrolled less than 12 credit hours for the semester, the award amount will be adjusted.

The amount a student receives is limited to a maximum of full-time enrollment for six years or its equivalent. The six year equivalent is 600%. Once the student has reached this limit of 600% they are no longer eligible to receive the Pell Grant.

2019-2020 Pell Chart

MAP Grant awards are based on 15 credit hours or more when awarded before the Add/Drop date for the semester. If the student is enrolled less than 15 credit hours for the semester, the award will be adjusted.

The maximum hours ISAC will pay for an otherwise eligible student at their sophomore level is a total of 75 credit hours and for their junior or senior level a total of 135 credit hours. Hours earned at other institutions are included. Students are to notify the Financial Aid Office of any changes in their enrollment for the semester.

2019-2020 IL MAP Chart

2019-2020 IL MAP Rights and Responsibilities

FSEOG (Federal Supplemental Educational Opportunity Grant)

The FSEOG Grant varies from $100.00 to $750.00 per semester. Grant money is limited. It is awarded to eligible students with a complete file until the funds are exhausted for the academic year. The amount the student is awarded for the academic year depends on their financial need minus any other accepted need-based aid, not to exceed the maximum amount for the semester.

ResU Need Award

The ResU Need Award is given to eligible students with a financial need based on the results of filing a FAFSA. The amount varies from $100.00 to $750.00 per semester. Grant money is limited. It is awarded to eligible students with a complete file until the funds are exhausted for the academic year. The amount the student is awarded for the academic year depends on their financial need minus any other accepted need-based aid, not to exceed the maximum amount for the semester.

The Higher Education Emergency Relief Fund (HEERF II)

The Higher Education Emergency Relief Fund II (HEERF II) is authorized by the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 (CRRSAA), Public Law 116-260, signed into law by President Donald J. Trump on Dec. 27, 2020. In total, the CRRSAA authorizes $81.88 billion in support for education, in addition to the $30.75 billion former Secretary DeVos provided last spring through the Coronavirus Aid, Recovery, and Economic Security (HEERF II) Act.

ELIGIBILITY REQUIREMENTS FOR HEERF II GRANT

  • Must be a U.S. Citizen and have completed a 2020-2021 or 2021-2022 FAFSA Application

  • Must be enrolled in a degree-seeking program.

  • Must complete a HEERF II Emergency Grant Application at https://resu.awardspring.com

  • Priority will be given to students who demonstrate a strong financial need

  • Students may use the grants toward any component of their cost of attendance emergency costs that arise due to coronavirus, such as:

    o   Tuition

    o   Food

    o   Health Care (including mental)

    o   Child Care

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