Barry McNamara  |   Published October 04, 2016

FAFSA news

Students urged to complete student aid application now
  • With new timelines in place, all students are encouraged to file their FAFSA for the 2017-2018 year as soon as possible.
    © David Aaron Troy
There is good news for the families of students who plan to attend college during the 2017-18 academic year.

Students who will be enrolled next academic year – fall 2017-spring 2018 – may now file the Free Application for Federal Student Aid, also known as FAFSA. The first date to file a FAFSA was Oct. 1, three months earlier than it had been in the past.

“In past years, students would have waited until Jan. 1 to file a FAFSA,” said Monmouth College Associate Vice President for Financial Aid Jayne Schreck. “However, the federal Department of Education has changed the timeline and associated calendar and are making the FAFSA available earlier to allow prospective students more time to contemplate their enrollment options. This means that funding available to all students – both new and returning – for the 2017-18 academic year, which is awarded on a first-come, first-served basis, will be exhausted even earlier than in past years.”

Schreck said the new timeline is of particular importance to students who might qualify for a grant from the Illinois Monetary Award Program, also known as MAP. Continued delays and the absence of an Illinois state budget, combined with the advanced timeline on the federal level, are causing what some have referred to as the “perfect storm.”

“For this reason, all students are encouraged to file their FAFSA for the 2017-2018 year as soon as possible to avoid any unintentional loss of funding,” Schreck said.

For more information, email the College’s Financial Aid Office or call 309-457-2129. The office is located in the lower level of the Admission Building at 700 East Broadway.   Filling out the FAFSA 
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