Panoramic view of campus from the northwest

The Financial Aid Process

The financial aid process can be confusing, and it can vary somewhat from school to school. We hope the information provided in the links below will help alleviate any confusion you may experience and assist you in completing the financial aid process at Chicago State University.

You Need to Know. . .

Return of Title IV Funds (.pdf)

All students who withdraw from CSU are subject to the Title IV Return of Funds policy. During the first 60% of the enrollment period, a student earns Title IV funds in direct proportion to the length of time he/she is enrolled. The percentage of aid earned is determined by the date the student initiates the withdraws, the total number of calendar days in the enrollment period, and the calendar days the student completed during the period of enrollment.

Post-Withdrawal Disbursement Policy (.pdf)

In general Universities may not disburse a Stafford or Plus loan to a student who has ceased to be enrolled – the student is no longer eligible. In some circumstances, however, a student who has withdrawn from CSU may be eligible for a post-withdrawal disbursement of all or some portion of a Stafford or Plus loan. For the fully policy select the ".pdf" link above.

CSU Student's Rights and Responsibilities (.pdf)

It is important for students to be aware of their rights and responsibilities as they relate to applying for and receiving financial aid from Chicago State University. Furthermore, it is important for students to note that financial aid eligibility is determined in accordance with the laws, regulations, and appropriation of the U.S. Congress, the State of Illinois, and Chicago State University, and is subject to adjustment or cancellation in the event of changes to these laws, appropriations or your eligibility.

Unusual Enrollment History

Effective with the 2013-2014 academic year, the U.S. Department of Education has established new regulations to prevent fraud and abuse in the Federal Pell Grant Program by identifying students with unusual enrollment histories. 

The Financial Aid Process at Chicago State University 2013-2014 (.pdf)

An overview of the financial aid process at CSU  .  .  .   a MUST READ for all prospective, and currently enrolled, students.

Fact Sheet (.pdf)

A quick reference to the financial assistance process and programs available at CSU.

Do You Need Money for College?

A U.S. Department of Education publication containing highlights about Federal Student Aid.

Financial Aid for Graduate Students

To assist graduate students in covering the cost of their graduate study, Chicago State University recommends that prospective graduate students begin to plan early for financing their education.

Federal Student Aid for Adult Students (.pdf)

Are you an adult enrolling in college for the first time, or maybe returning to school after a long break or many years? This U.S. Department of Education publication explores the myths and facts about Federal Student Aid for adults, the type of aid available, how to apply, tips, etc. Adult students can receive Federal Student Aid regardless of age or credit rating.

Student Aid on the Web

A U.S. Department of Education web site providing expanded information about the financial aid process.

Federal Student Aid web site

"View and download resources from the office of Federal Student Aid."

TEACH Grant

Current and prospective teachers may qualify for the Federal Teacher Education Assistance for College and Higher Education (TEACH) Grant Program. In order to be eligible for the TEACH Grant, student's must have a minimum Grade Point Average (GPA) of 3.25. Students with incomplete grades (I) are not eligible for the TEACH Grant. Candidates may monitor award status via CSU X-Press.

Iraq and Afghanistan Service Grant

Beginning with the Fall 2010 semester, an undergraduate student who was not eligible for a Pell Grant but whose parent or guardian was a member of the U.S. Armed Forces and died as a result of service performed in Iraq or Afghanistan after September 11, 2001, and is/was under 24 years old or enrolled in college at the time of the parent or guardian's death may be eligible to receive an Iraq and Afghanistan Service Grant equal to the amount of a maximum Pell Grant for the award year.

Federal Perkins Loan (.pdf)

On October 22, 2009, Wayne D. Watson, Ph.D., President of Chicago State University, issued a Memorandum concerning “Procedures for Awarding and Disbursing the Perkins Loan”.  Please be aware that funding is limited.

Illinois Student Assistance Commission (ISAC) web site

Comprehensive information concerning State of Illinois and Federal funding resources

FinAid

The "SmartStudent Guide to Financial Aid". A comprehensive financial aid web site

Confused?

Not sure what everyone is talking about? Refer to these extensive lists of financial aid terms . . .

Financial Aid Glossary, brought to you by FinAid

                            - and/or -

Glossary, brought to you by the U.S. Department of
Education's Student Aid on the Web web site

 


 

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