Disbursement Eligibility for Undergraduate Students

​​​​Financial Aid Disbursement Eligibility

 Full-time hours per quarter: 12+Three-quarter time hours per quarter: 
9 - 11 		Half-time hours per quarter : 
8 - 6
 		Less than half-time hours per quarter: fewer than 6 hours
Federal Pell Grant

100% of the term award.

For example: if the term Pell award is $2,465, then 100% is $2,465.

  • 11 hours: 92%
  • 10 hours: 83%
  • 9 hours:  75%

For example: if the term Pell award is $2,465, and enrollment is 11 hours, then 92% is $2,267.

  • 8 hours: 67%
  • 7 hours: 58%
  • 6 hours: 50%

For example: if the term Pell award is $2,465, and enrollment is 8 hours, then 67% is $1,651.

  • 5 hours: 42%
  • 4 hours: 33%
  • 3 hours: 25%
  • 2 hours: 17%
  • 1 hours: 8%

For example: if the term Pell award is $2,465, and enrollment is 5 hours, then 42% is $1,035.​​

Illinois State Monetary Award Program (MAP) Grant
  • 15+ hours: $2,688
  • 14 hours: $2,419
  • 13 hours: $2,419
  • 12 hours: $2,150
  • 11 hours: $1,881
  • 10 hours: $1,881
  • 9 hours: $1,613
     
  • 8 hours: $1,344
  • 7 hours: $1,344
  • 6 hours: $1,075
     
  • 5 hours: $806
  • 4 hours: $806
  • 3 hours or less: $0
University Need-Based Grants100% of the term award50% of the term awardNo disbursement
University Scholarships100% of the term awardIn general, requires full-time enrollment
Federal Direct Subsidized and Unsubsidized Loan100% minus loan origination fee; A federal loan origination fee is deducted from your loan disbursement before the funds are received and applied to your student account.No disbursement
Federal Direct Parent PLUS LoanLoan is dependent upon projected hours at the time the offer is accepted. A federal loan origination fee is deducted from your loan disbursement before the funds are received and applied to your student account.No disbursement
Federal TEACH Grant: 
TEACH Grant amounts are subject to change based on Congressional adjustments.		100% of the term award75% of the term award50% of the term award25% of the term award
Federal Work-Study: Federal Work-Study funds are not applied to your university account. Instead, you receive these funds through direct deposit or a paycheck, based on the hours worked in an eligible on-campus job.Eligible to work and earn 100% of the award each termEligibility limited to special circumstances; contact the Office of Financial Aid for more information
External Scholarships & Grants100% of the term awardDisbursement depends upon rules of scholarship sponsor

  • Additional Eligibility Information