Paying for College
The Financial Aid Office at Illinois State provides resources to help you and your student come up with a plan to pay for college. Financing your student’s education may not be easy, depending on your financial situation, but most families can find a way to make it work. At least 75 percent of Illinois State students receive some form of financial aid, including loans, work study, grants, and more.
- Talk with your student about paying for college. Students and parents often have very different ideas about how tuition bills and other expenses will be paid. Set and communicate clear expectations for your child if you want them to contribute by working a part-time job during school or sticking to a strict budget. If you're having trouble starting the conversation, download Paying for College: A Guide for Students and Parents.
- Learn about financial aid options, including parent loans. Depending on your Expected Family Contribution (EFC) and other factors, your student may qualify for other programs such as grants and scholarships.
- Estimate your college expenses. An online calculator such as the U.S. Department of Education's Federal Student Aid FAFSA4caster can give you an idea. Learn more about the financial aid programs for which your student might qualify.
- Help your student gain financial independence. Involve them in discussions and decisions related to paying for their education. Encourage them to make smart financial decisions.
- Find out about tax benefits for families with a student in college.
- Ask questions. Our financial aid professionals are happy to provide answers and assistance as you and your student navigate the process. Call the Financial Aid Office at (309) 438-2231, email FinancialAid@IllinoisState.edu, or visit Financialaid.IllinoisState.edu.