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Are you planning on going to college? Need quick information about financial aid programs? You’re in the right place. Here in College Zone’s financial aid programs area, you will find information on the most popular methods to financing a college education. Additional information on other funding options is available in the Student and Parent Zones.
Financial aid refers to specific borrowed, given or earned money that can be obtained from various sources to pay for college. While there are many types of financial aid, the most popular are scholarships, grants, and loans. There are specific Illinois residency and citizenship requirements for programs administered by ISAC.
Financial aid comes from many different sources, including the federal government, the State of Illinois (for Illinois residents), and various employers. Also providing financial aid are many private sources, such as agencies, associations and organizations (e.g., corporations, civic, religious, philanthropic groups and associations related to one’s field of interest). By planning ahead, applying early and reading directions carefully, a student’s chances of obtaining financial aid can be greatly improved.
The number of scholarships and grants made through programs administered by ISAC, as well as the individual dollar amount awarded, are subject to sufficient annual appropriations by the Illinois General Assembly and the Governor.
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