Welcome to Financial Aid

Thank you for visiting the Financial Aid webpage for Spoon River College (SRC). SRC participates in federal and state programs to assist students in meeting the costs of higher education. Financial assistance is available in the form of grants, scholarships, work opportunities, and loans.  Click on the Net Price Calculator to determine your estimated family contribution and net price of attendance. Many of SRC's students live at home with their parents, reducing their cost to attend college by about $6,000.

Priority Processing Deadlines

• FALL 2011 - July 1, 2011
• SPRING 2012 - November 1, 2011
• SUMMER 2012 - April 1, 2012

The Financial Aid Office cannot guarantee that financial aid will be in place by the tuition due date if you do not submit all requested information and supplemental forms by the priority processing deadlines. The Financial Aid Office will continue processing applications after the priority processing deadline but, cannot guarantee that forms processed after the deadline will be in place by the tuition due date. In order to ensure classes will be held, students may set-up a payment plan through FACTS by accessing their My SRC account.

Upcoming Events

Financial Aid staff members will be traveling to local high schools to present information about how to apply for financial aid to high school juniors and seniors.

Completing the FAFSA

The Financial Aid process at Spoon River College is an annual activity beginning January 1 for the following academic year (fall, spring, and summer). The Free Application for Student Aid is required for all federal aid, including grants, Stafford student loans, and work study as well as the Illinois Monetary Award Program (MAP). The FAFSA is a free application, you should never have to pay a fee to submit your information.

1. Fill out an Admissions Application for SRC
2. Submit an official HS transcript or GED scores
3. Complete the FAFSA (Free Application for Federal Student Aid)

Gather the documents you need:

• Your SS#, DL#, W-2's, Federal Income Tax return, parent's Federal Income Tax return (if required), parent's W-2's (if required), and any additional untaxed income such as veteran's benefits, child support, and worker's compensation.

Apply for a PIN:

• A PIN (Personal Identification Number) is a four-digit number used in combination with your SS# and date of birth to identify you as someone who has access to your own personal information. You, along with your parents (if required) will use your PIN to sign your FAFSA. Note: Your parents must also apply for a PIN, used to sign their portion of your FAFSA (if required).

Print a FAFSA on the Web Worksheet:

• The FAFSA on the Web Worksheet allows you to read and complete the questions before entering your information online. 

Apply Early. Some funds are limited, and the sooner you file the more financial aid you could potentially receive.

Verification

Approximately 30% of all FAFSA's are selected by the Federal Processor for verification. You will be contacted by SRC, by mail if your FAFSA was selected for verification or you can check My SRC for your financial aid status. If selected for verification, a verification worksheet and federal tax returns are required to determine financial aid eligibility. Processing of your financial aid cannot continue until all required documents are returned to the financial aid office.

Apply early to ensure that your Free Application for Federal Student Aid (FAFSA) is processed prior to the published deadlines. Funding is limited and application deadlines may be adjusted by the State of Illinois. If you have questions or comments related to financial aid please feel free to contact a representative either by phone, Monday-Friday 8 a.m. - 4:30 p.m. or by e-mail at financialaid@src.edu.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

​​Eligibility Programs​​​​​​​​​​​ Veterans​​​​​​​​​​​

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