Monetary Awards Program, or MAP, grants are likely to expire much earlier this year than in the past, according to the Illinois Student Assistance Commission.
Director of Financial Aid Ann Brill received notice from ISAC this week announcing that MAP grant funds could run out at any time. About 18 percent of Knox students are currently recipients of the $4,720 grant.
“We don’t want students to miss the grant deadline, whenever it is,” Brill said.
All students who file a Free Application for Federal Student Aid and are Illinois residents are considered for a MAP grant. While students can officially file their FAFSAs until June 30, it has been several years since MAP funds lasted that long. Last year, funds were depleted in March.
FAFSAs can be filed at www.fafsa.ed.gov. Students and families who have not yet completed their 2012 tax returns may use estimated figures in order to ensure consideration for MAP grant aid.
Questions about MAP grants should be directed to the Office of Financial Aid, 309-341-7149.