Students may have to give back promised grant money

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

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.


Latest News

More News