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Financial Aid

Getting Started

The FAFSA (Free Application for Federal Student Aid)
How much does JWCC Cost?
What aid is available?
Forms for Download

Your Award Letter

Understanding the Award Letter
What is Satisfactory Progress?
Dependency Status
Special Circumstances

Loan Information

Basic Information
Loan Types
Frequently Asked Loan Questions
Consequences of Default
Repayment Rights & Responsibilities
Apply for a Student Loan
Apply for a Parent Plus Loan
After Loans are Processed

Loan Counseling

Other Information

Ask a Question!
More Information - (outside links)

Online Student Loan Process

Student Loan Facts

Checklist

Note: If you fail to complete all required information on this checklist, your loan request will be rejected.

Please review the chart below to determine the level of debt that you might reasonably be able to handle:

Amount Borrowed

Number of Payments

At 6% Interest

At 7% Interest

At 8% Interest

$2000

62

$50

$50

$50

$4000

103/115

$50

$50

$50

$8000

120

$89

$93

$97

$10000

120

$112

$116

$121

$15000

120

$167

$174

$182

$17000

120

$189

$197

$206

              **This chart is for comparison purposes only since examples may not represent actual credit terms.

STAFFORD LOAN ANNUAL MAXIMUMS:  

Freshman (0-27.5 earned hours)            $3500/year or $1750/semester

Sophomore (28+ earned hours)          $4500/year or $2250/semester

 


Start the Loan Process by selecting one of the following:

 

I’ve Never Borrowed at JWCC

 

I’ve Borrowed Before at JWCC

 

 

Financial Aid Code of Conduct

Contact Information

Loan Assistance:

Lindsay Herren
Financial Aid Specialist
(217)641-4315
lherren@jwcc.edu

Jaina Weisenberger
Financial Aid Office Assistant
(217)641-4333
jweisenberger@jwcc.edu



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