Content edited and saved!

Financial Aid Disbursements

Federal Pell Grant and FSEOG
  • On an announced date each semester, approximately 1-2 weeks after the date of midterm.

Federal Work-Study  wages
  • Disbursed directly to the student every two weeks.

Federal Student Loans

  • As scheduled and processed, but no sooner than 30 days after the beginning of a semester. (One of the final steps in the loan process is the loan certification performed by the college's Financial Aid Office.  This cannot be done until after the add/drop period of the semester; funds are not available until after the loan is certified.)
  • Financial Aid Administrators will send a paper notification to students post-disbursement that the loan funds have been disbursed.

MAP Grant
  • No cash disbursements made; approved amount is credited to the student account as received

 

Students who have a completed a Financial Aid file showing Federal financial aid eligibility will be allowed to charge direct costs (tuition, fees, books and supplies) to Illinois Eastern Community Colleges upon signing a Title IV Authorization Form. (During summer semester, students may be required to cover the costs of books and supplies). All direct charges not yet paid (tuition, mandatory fees and other direct charges authorized by the students) are subtracted from the financial aid total and a check for the balance is delivered to the student. The final amount of the grant is determined by the student's credit hours of enrollment approximately 1 day prior to disbursement.  

Find a problem? Send the issue to us. Thank you!