Ease the Burden of Paying for Education with 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 in 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.

2023-2024 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 in 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.

2023-2024 IL MAP Chart

2023-2024 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.

The Higher Education Emergency Relief Fund (Exhausted)

Process Change as of July 1, 2021

ELIGIBILITY CHANGE FOR HEERF II & III GRANT: All Pell Grant eligible students will be auto-awarded the resource beginning Fall 2021. All students who are not Pell Grant eligible or non-FAFSA applicants can submit a HEERF Statement listed below expressing need due to COVID-19. Your request will be reviewed within 3–5 business days of submission. Please email the Office of Financial Aid your completed statement.

Previously awarded HEERF recipients must wait a full semester before regaining eligibility to be reconsidered or reapplying for HEERF Funds. These resources will be awarded until exhausted.

Financing Your Education with Oak Point