College Illinois! Is a 529 Prepaid Tuition Program that allows families to pay for tuition at current rates in order to avoid future tuition inflation. The plan covers tuition and mandatory fees. Students are responsible for any housing, meals or any other non tuition related fees incurred. The College is required to report to College Illinois! the student’s credit hours as of the end of the first week of each semester. If a student drops or adds hours after this date, College Illinois! will not reduce or increase the number of credit hours available from the student’s College Illinois! account.
Each College Illinois! semester is equivalent to 15 credit hours. Using additional credit hours during the course of any semester may reduce the hours available in future years.
Each student has the right to choose how many hours Monmouth College reports to College Illinois!. For example, if a student is enrolled in 18 credit hours but wants only 15 credit hours reported to control the availability of future hours, Monmouth College will report 15 credit hours for the semester.
A $15 processing fee will be deducted from the payment made for the student’s first semester at Monmouth College.
Upon enrollment, students must notify Monmouth College of their intent to use College Illinois! benefits.
For more information regarding College Illinois! please navigate to: www.collegeillinois.com