A
grant is very similar to a scholarship but differs in a few respects. Grants are usually, but not always, provided through the government or a non-profit organization. The advantage of grants is that they are much more flexible in how they can be used though there are some obligations. Most scholarships are awarded just for tuition or room and board, but grants can be applied to a variety of educational expenses if there is additional money.
To find out about available grants, where to find them and how to apply, visit:
- College Zone's grant page
- After submitting your FAFSA, you are automatically considered for three types of grants:
A
scholarship is a
financial aid award for an individual student scholar, for the purpose of furthering their
education. Scholarships are awarded based on a range of criteria which usually reflect the interests of the donor or founder of the award.
Scholarships are not just for gifted athletes or students with top grades. There are special scholarships for students of every ethnicity, gender, interest, ability, religious affiliation, and family history. Some scholarships are for students in specific career training.
To find out about available scholarships, where to find them and how to apply, visit:
To search for Financial Aid programs and scholarships in the State of Illinois, visit the Illinois Career Information System, College Zone, or FastWeb. You can also visit the U.S. Department of Education Application for Federal Student Aid web site.
Financial aid is money to help pay school costs. All colleges and universities and many vocational schools provide financial aid to students who need help paying for school. The money for financial aid comes from the federal and state governments, banks, the schools, and private donors. You must apply for financial aid to get it.
Where does most financial aid come from? Most of the aid that students get comes through the schools' financial aid programs. You must apply for this aid. The application is completed separately from the admission application. The amount and kind of aid you get is based on your financial need, your academic record, and on the kinds of aid available at the schools you apply to.
Are there other sources of financial aid? Financial aid is also available through many other sources that are not related to the schools to which you are applying. For these, you apply directly to the award sponsor.
- CIS's Financial Aid File provides information about many of these sources.
- College Zone provides information and links to the different State of Illinois financial aid programs available for Illinois resident college students.
How do I apply for financial aid?
Visit the Free Application for Federal Student Aid (FAFSA) site and see what you need to do before beginning, how to fill out a FAFSA form and follow up information.
How much financial aid can I get?
When you apply for financial aid, the school figures out how much you and your family are expected to be able to pay. This amount is called the Expected Family Contribution. Then, the school compares the EFC to the amount they think that it will cost you to pay for tuition, fees, books, and living expenses. If the EFC does not cover all the costs, the school will try to make up the difference with financial aid. Calculators are available on the Internet to estimate eligibility for federal need-based financial aid and costs of attending specific institutions. One such calculator is available through the ACT Financial Aid Need Estimator. Also College Zone provides a list of related calculators, such as the State & Federal Aid Estimator, College Cost Calculator, and many others.
What can I use financial aid to pay for?
In many cases, your financial aid package will just be used to pay the bill for tuition and fees. Any money left over will be given back to you to pay for other expenses such as books and living expenses. However, this is not always the case. Some scholarships are reserved for specific types of expenses. Some scholarships can be used to pay tuition and not fees, and some scholarships are only for books. Be sure to look at each scholarship you are applying for to see what costs it covers.
To search for Financial Aid programs and scholarships in the State of Illinois, visit the Illinois Career Information System, College Zone, or FastWeb. You can also visit the U.S. Department of Education Application for Federal Student Aid web site. provides information about many of these sources.
This is federally-funded job training services offered by local Illinois workNet Centers that may be available to employed and unemployed adults, dislocated workers and youth who have met eligibility guidelines for services.
Job Corps is a U.S. Department of Labor program which offers free education, leading to a high school diploma or GED. The program offers career training and assistance in finding and keeping a job. Eligible youth must be at least sixteen. Resources are available for English Language Learners as well. Visit the Job Corps website to find out if you are eligible, and select from 122 locations across the country.
Read Job Corps Success StoriesFederal Work Study Program (FWS) provides jobs for undergraduate and graduate college students with financial need. Students may be assigned to on-campus jobs. However, FWS encourages students to perform community service and work related to their courses of study to help pay for education expenses.
To find out about student loans, where to find them and how to repay them, visit:
Loans can be a lot of help, but the more money you borrow, the more money you will have to pay back, with interest.