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Financial Aid and ScholarshipsFinancial Aid and Scholarships

The FAFSA is now open!

Apply for financial aid at: www.studentaid.gov

The Illinois Student Assistance Commission (ISAC) has several upcoming virtual FAFSA Completion Nights. See https://studentportal.isac.org/events to sign up.

See Step by Step guide to filling out FAFSA here: FAFSA Step by Step – 2020

Financial Aid

There are 2 basic categories of financial aid:

  1. Gift Aid includes
    1. Grants
    2. Scholarships
  2. Self-Help Aid includes
    1. Loans
    2. Federal Work-Study

The first step in determining which type(s) of aid and how much you qualify for is by filling out either the Free Application for Federal Student Aid (FAFSA) or Alternative Application for Illinois Financial Aid.

The FAFSA is for U.S. Citizens or eligible non-citizens. The Alternative Application is for undocumented or transgendered students. If you have questions about your eligibility, you may contact Martha Gutierrez, who is East Aurora’s ISAC Rep who can help answer any questions you may have. Her contact information can be found at the bottom of the page.

*Students are REQUIRED by the State of Illinois to complete the FAFSA , Alternative Application for Illinois Financial Aid , or FAFSA waiver to graduate.*

 


 

Free Application for Federal Student Aid (FAFSA)

The FAFSA opens on October 1, 2020.

You can visit Filling Out the FAFSA for help on what information and documents you will need as well as helpful tips on completing the application.

The Illinois Student Assistance Commission (ISAC) also has a great page, ISAC Resource, for help filling out the FAFSA and other financial aid information.

Haga clic aquí para obtener información sobre la FAFSA. Para obtener información sobre ayuda financiera en español, haga clic aquí.

For more information regarding the RISE Act and the Alternative Application for Illinois Financial Aid, see further down the page.

 


Retention of Illinois Students and Equity (RISE) Act

The Alternative Application for Illinois Financial Aid allows students who are undocumented and transgendered the opportunity to potentially have access to MAP grant aid.

Click Here to find out more information regarding the RISE Act and to find out whether or not you are eligible to apply!

ISAC RISE Act video (English)

ISAC RISE Act video (Español)

 


 

TYPES OF FINANCIAL AID

GRANTS

SCHOLARSHIPS

  • Who: colleges, organizations, community groups, companies, pretty much anyone
  • How do I apply: find and fill out their application
  • Do I have to pay it back?: NO
  • Scholarships are merit-based meaning they may be based on your GPA, course rigor,  standardized test scores, personal qualities, talents, accomplishments, accolades or some combination there of. Some scholarships do have criteria around financial need among other factors for consideration.

LOANS

FEDERAL WORK-STUDY (FWS)

  • Who: colleges, universities who elect to participate in the Federal Work-Study program (not all colleges and universities participate in this program)
  • How do I apply: your eligibility is determined by the completion of your FAFSA
  • Do I have to pay it back?: NO (see below)
    • Students who elect to participate in FWS may work at campus-based or campus-approved organizations in order to earn money which students may elect to use towards financing their education

 

Scholarships

The majority of the meaningful scholarship money students receive come from the colleges and universities to which they apply and are accepted. Most of these types of merit-based scholarships are awarded on the basis of academic performance, taking into account grade point average and often SAT/ACT scores as well.

Many colleges may have other merit-based scholarships that require a separate application process and may focus more on extracurricular activities and personal characteristics. Those requirements and processes will differ from scholarship to scholarship and from school to school.

While the below listing of sites is certainly not comprehensive, it is a great place to start! Please keep in mind – you should never have to pay a fee to search for scholarships online. If the site you visit asks you to pay, do not use their search service!

UPDATE: Many colleges will offer test-optional or test-blind admission for the Class of 2021, in which case they will likely be looking primarily at GPA and strength of curriculum for scholarship consideration.

All students in the Class of 2021 must track all awarded scholarship money through their Naviance account.

 

Waubonsee Community Foundation Scholarship

Chartered in 1978, the Waubonsee Community College Foundation was formed to advance the educational and charitable purposes of Waubonsee Community College. The primary mission of the Foundation is to raise money for student scholarships. All awards are good for one year only, are subject to funding availability, and are for use only at Waubonsee Community College.

They offer over 160 scholarships to prospective students. These scholarships range anywhere from $250 to $3,500 with an average student earning an award of $1,000! For more information on how to apply and resource videos regarding the application process, please visit WCC Foundation Scholarship


 

Illinois Student Assistance Commission (ISAC)

The Illinois Student Assistance Commission (ISAC) is an organization in the State of Illinois that provides assistance to students, parents and schools. They can assist students in filling out the FAFSA or the RISE Act/Alternative Application for Illinois Financial Aid. Students are always encouraged to reach out to Martha Gutierrez, East Aurora’s ISAC Representative. Students can schedule a meeting, email her and call or text her for support.

Martha J Gutierrez

Schedule a Meeting (available on Tuesdays and Thursdays).

Phone number: 630-946-3688

Email: martha.gutierrez@illinois.gov

Introduction Video: https://drive.google.com/file/d/1K_cTZipg53ESez0xXYQnYV5m8jkiWoQA/view

 

ISAC Corps Events – ISAC holds various events, webinars, and Facebook Live streams for parents and students. Click the ISAC Events calendar to view upcoming events.
ISAC Student Portal – The ISAC Student Portal is a innovative site providing Student Resources such as college search sites and non-financial aid resources. It also provides access to the their Toolbox which provides a search for summer jobs and a MAP estimator calculator.

Have an Immediate Question? – Get your questions about college planning and financial aid answered by ISAC via text message, and receive important information about college planning events and deadlines. To use the service simply text your first and last name to the phone number below 630-216-4910.

Servicio en español: 773-823-0570

The FAFSA is now open!

Apply for financial aid at: www.studentaid.gov

The Illinois Student Assistance Commission (ISAC) has several upcoming virtual FAFSA Completion Nights. See https://studentportal.isac.org/events to sign up.

See Step by Step guide to filling out FAFSA here: FAFSA Step by Step – 2020

Financial Aid

There are 2 basic categories of financial aid:

  1. Gift Aid includes
    1. Grants
    2. Scholarships
  2. Self-Help Aid includes
    1. Loans
    2. Federal Work-Study

The first step in determining which type(s) of aid and how much you qualify for is by filling out either the Free Application for Federal Student Aid (FAFSA) or Alternative Application for Illinois Financial Aid.

The FAFSA is for U.S. Citizens or eligible non-citizens. The Alternative Application is for undocumented or transgendered students. If you have questions about your eligibility, you may contact Martha Gutierrez, who is East Aurora’s ISAC Rep who can help answer any questions you may have. Her contact information can be found at the bottom of the page.

*Students are REQUIRED by the State of Illinois to complete the FAFSA , Alternative Application for Illinois Financial Aid , or FAFSA waiver to graduate.*

 


 

Free Application for Federal Student Aid (FAFSA)

The FAFSA opens on October 1, 2020.

You can visit Filling Out the FAFSA for help on what information and documents you will need as well as helpful tips on completing the application.

The Illinois Student Assistance Commission (ISAC) also has a great page, ISAC Resource, for help filling out the FAFSA and other financial aid information.

Haga clic aquí para obtener información sobre la FAFSA. Para obtener información sobre ayuda financiera en español, haga clic aquí.

For more information regarding the RISE Act and the Alternative Application for Illinois Financial Aid, see further down the page.

 


Retention of Illinois Students and Equity (RISE) Act

The Alternative Application for Illinois Financial Aid allows students who are undocumented and transgendered the opportunity to potentially have access to MAP grant aid.

Click Here to find out more information regarding the RISE Act and to find out whether or not you are eligible to apply!

ISAC RISE Act video (English)

ISAC RISE Act video (Español)

 


 

TYPES OF FINANCIAL AID

GRANTS

SCHOLARSHIPS

  • Who: colleges, organizations, community groups, companies, pretty much anyone
  • How do I apply: find and fill out their application
  • Do I have to pay it back?: NO
  • Scholarships are merit-based meaning they may be based on your GPA, course rigor,  standardized test scores, personal qualities, talents, accomplishments, accolades or some combination there of. Some scholarships do have criteria around financial need among other factors for consideration.

LOANS

FEDERAL WORK-STUDY (FWS)

  • Who: colleges, universities who elect to participate in the Federal Work-Study program (not all colleges and universities participate in this program)
  • How do I apply: your eligibility is determined by the completion of your FAFSA
  • Do I have to pay it back?: NO (see below)
    • Students who elect to participate in FWS may work at campus-based or campus-approved organizations in order to earn money which students may elect to use towards financing their education

 

Scholarships

The majority of the meaningful scholarship money students receive come from the colleges and universities to which they apply and are accepted. Most of these types of merit-based scholarships are awarded on the basis of academic performance, taking into account grade point average and often SAT/ACT scores as well.

Many colleges may have other merit-based scholarships that require a separate application process and may focus more on extracurricular activities and personal characteristics. Those requirements and processes will differ from scholarship to scholarship and from school to school.

While the below listing of sites is certainly not comprehensive, it is a great place to start! Please keep in mind – you should never have to pay a fee to search for scholarships online. If the site you visit asks you to pay, do not use their search service!

UPDATE: Many colleges will offer test-optional or test-blind admission for the Class of 2021, in which case they will likely be looking primarily at GPA and strength of curriculum for scholarship consideration.

All students in the Class of 2021 must track all awarded scholarship money through their Naviance account.

 

Waubonsee Community Foundation Scholarship

Chartered in 1978, the Waubonsee Community College Foundation was formed to advance the educational and charitable purposes of Waubonsee Community College. The primary mission of the Foundation is to raise money for student scholarships. All awards are good for one year only, are subject to funding availability, and are for use only at Waubonsee Community College.

They offer over 160 scholarships to prospective students. These scholarships range anywhere from $250 to $3,500 with an average student earning an award of $1,000! For more information on how to apply and resource videos regarding the application process, please visit WCC Foundation Scholarship


 

Illinois Student Assistance Commission (ISAC)

The Illinois Student Assistance Commission (ISAC) is an organization in the State of Illinois that provides assistance to students, parents and schools. They can assist students in filling out the FAFSA or the RISE Act/Alternative Application for Illinois Financial Aid. Students are always encouraged to reach out to Martha Gutierrez, East Aurora’s ISAC Representative. Students can schedule a meeting, email her and call or text her for support.

Martha J Gutierrez

Schedule a Meeting (available on Tuesdays and Thursdays).

Phone number: 630-946-3688

Email: martha.gutierrez@illinois.gov

Introduction Video: https://drive.google.com/file/d/1K_cTZipg53ESez0xXYQnYV5m8jkiWoQA/view

 

ISAC Corps Events – ISAC holds various events, webinars, and Facebook Live streams for parents and students. Click the ISAC Events calendar to view upcoming events.
ISAC Student Portal – The ISAC Student Portal is a innovative site providing Student Resources such as college search sites and non-financial aid resources. It also provides access to the their Toolbox which provides a search for summer jobs and a MAP estimator calculator.

Have an Immediate Question? – Get your questions about college planning and financial aid answered by ISAC via text message, and receive important information about college planning events and deadlines. To use the service simply text your first and last name to the phone number below 630-216-4910.

Servicio en español: 773-823-0570