The Daily Illini

The Nation’s Oldest Financial Aid Program Expires

The Nation’s Oldest Financial Aid Program Expires

By Samantha Jones Toal

October 12, 2015

Carla Stelsel, freshman in LAS, took out a Perkins Loan in late May, but future students may not have the same opportunity.The Federal Perkins Loan Program, a need-based student loan offered by the U.S. Department of Education, expired on Oct. 1 when Congress didn’t renew the program, according to ...

Students may not be taking full advantage of loan repayment options

By Aaron Navarro

October 11, 2015

The U.S. Department of Education could do more to make sure college students are aware of their options in repaying loans, an August Government Accountability Office (GAO) report found.According to the numbers, the GAO found that students’ loans were higher than they should be due to a lack of awarenes...

FAFSA reforms old approach

By Dixita Limbachia

September 21, 2015

In an effort to make financial aid more accessible the University is one of eight schools that will adopt the U.S. Federal Student Aid office’s new application process.In the past, prospective and enrolled college students filled out the Free Application for Federal Student Aid, commonly known as the FAFSA...

Increased federal aid, rise in tuition linked says to Federal Reserve report

By Charlotte Collins

September 1, 2015

A 2015 study by the Federal Reserve Bank of New York has found data suggesting a link between the amount of federal aid available to students and the rise in tuition, which, for the University, has risen by thousands over the past decade.Mitch Dickey, Student Body President and senior in LAS, said he...

University credits MAP grants despite budget crises

University credits MAP grants despite budget crises

By Ali Braboy

August 25, 2015

Over $12 million in the State of Illinois Monetary Award Program grants has been distributed to 5,667 University students for the fall semester, despite the lack of a planned state budget, said Director of Student Financial Aid Dan Mann.As Illinois continues to go without an approved state budget, co...

ROTC honor veterans with ceremony

November 11, 2013

University ROTC honored veterans at the Armory track Sunday afternoon for Veterans Day with a 21-gun salute, a wreath bearing and a moment dedicated to veterans in attendance. ROTC students faced the crowd on the opposite side of the track — Army in camouflage, Navy in black, Air Force in blue and a s...