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Take The Free QuizGrants/ Scholarship Policy
Grants/ Scholarship Policy
Any scholarship or grant received by the student such as WIOA (Workforce Innovation and Opportunity Act), IDPH (Illinois Department of Public Health) Scholarship, or any such scholarship or grant will affect a student’s financial aid award during any academic year. Upon receiving any such scholarship or grant, the student will be repackaged to determine if any credit or overage of awards exists. Any scholarship or grant must be included in “Estimated Other Financial Assistance” for the student’s financial aid package for that academic year. If the scholarship or the grant received by the student is causing credit with Title IV Funds, the student’s Title IV funds will be adjusted to eliminate the overage. The funds will be adjusted in the order of Un-Sub, Sub, and Pell. If all of the funds for the academic year award have already been disbursed to the student’s ledger, any credit of Title IV funds resulting from scholarship and/or grant will be returned to the Department of Education.