Students may have to give back promised grant money

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Nearly 10,000 Illinois college students who had been promised state grants would lose part of that money thanks to a mistake by the state.
The Illinois Student Assistance Commission said it over-committed to its popular Monetary Award Program grants this fiscal year by nearly $2 million.
Instead of asking all 140,000 students getting grants to take less, the agency wants to reclaim funds from the last 9,500 students who received money.
Each student would lose about $210, equivalent to ten percent of the average grant.

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