First-Time Loan Borrowers

All first-time direct loan borrowers must complete Entrance Loan Counseling and a Master Promissory Note. This one-time process can be completed online at Studentloans.gov.

 

Federal Parent Loan Program (PLUS)

Parents may borrow additional money to assist with paying for college costs. One option is the Federal Direct Parent Loan for Undergraduate Students, or PLUS loan. PLUS Loans for parents of dependent students are not need-based, but the parent(s) must be approved after a credit check. Under this program, parents can borrow up to the total cost of education minus their student’s expected financial aid.

 

Did you Know...

...that some out-of-state students qualify for tuition rates comparable to students from Illinois?

Students from neighboring states (Indiana, Iowa, Kentucky, Michigan, Missouri, Wisconsin) and some academically talented students (as determined by the University) are eligible for this savings of approximately $8,000 per year.

Illinois State University

FinancialAid@IllinoisState.edu

Office of Financial Aid
Fell 231
Campus Box 2320
Normal, Il 61790
Phone: (309) 438-2231
Fax: (309) 438-3755
Información en Español

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