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Financial Aid 101 Workshop
Financial Aid 101

The Illinois Student Assistance Commission (ISAC) is pleased to offer its Financial Aid 101 workshop on two dates in the first quarter:

This free, one-day workshop is designed to introduce new financial aid professionals to financial aid concepts, processes and programs, and help them develop a solid foundation on which to build their careers.  Each session will begin at 9 a.m. and conclude by 4 p.m. A detailed agenda for the workshop is outlined below.

To register: please send an e-mail to Kim Eck, Training Coordinator, at keck@isac.org if you would like to attend. Seating at each site is limited, so please register early.

Details regarding directions, parking, etc.will be provided to registered participants via e-mail a few days prior to the workshop.

Financial Aid 101 February/March Agenda

 Time Topic 
 9:00 a.m.  Welcome and Introductions
 9:15 a.m.  Introduction to Financial Aid
  • Types and Sources of Financial Aid
  • Guiding Principles and Processes
  • Key Partners in Financial Aid
    • U.S. Department of Education
    • Illinois Student Assistance Commission (ISAC)
9:45 a.m.

The Free Application for Federal Student Aid (FAFSA)

  • Completing the FAFSA
    • Frequently Asked Questions 
    • Important Data for Illinois Students 
  • Student Aid Report (SAR) and Institutional Student Information Record (ISIR)
10:15 a.m. Break 
10:30 a.m.

Need Analysis

  • Federal Methodology
  • Expected Family Contribution (EFC)  
11:30 a.m.

Case Study/Group Exercise

  • Calculating an EFC 
12:00 p.m. Lunch on your own
1:00 p.m.

Federal Financial Aid Programs

  • Need-Based Programs
  • Student Loan Programs 
2:00 p.m. Break 
2:15 p.m. ISAC’s Scholarship and Grant Programs
  • Need-Based Programs
    • Monetary Award Program (MAP)
    • Silas Purnell Illinois Incentive for Access (IIA) Grant
  • Military Programs
  • Teacher Programs
  • High School Scholarship Programs
  • Targeted Programs 
4:00 p.m. Adjourn 

© 2003-2010 Illinois Student Assistance Commission