Financial Aid Updates
Beginning May 10, 2015, students, parents, and borrowers will be required to use an FSA ID, made up of a username and password, to access certain U.S. Department of Education websites, including www.FAFSA.gov. The FSA ID will replace the Federal Student Aid PIN that was formerly used to confirm your identity when accessing your financial aid information and electronically signing your Federal Student Aid documents.
An FSA ID may be created by visiting certain U.S. Department of Education websites and following the following steps:
- Enter your log-in information
- Provide your email, a unique username and password, and verify you are at least 13 years old.
- Enter your personal information.
- Provide your Social Security number, name, and date of birth.
- Include your mailing address, email address, telephone number, and language preference.
- Provide answers to five challenge questions.
- Submit your FSA ID information.
- Agree to the terms and conditions.
- Verify your email address.
Important MAP Grant information for the 2016-17 award year!
If your Financial Aid Award Letter includes a State of Illinois Monetary
Award Program (MAP) Grant for the upcoming year, please be aware that MAP Grant
awards are not funded at this time and will not be applied to your account
until funding becomes available.
Due to the long-standing State of Illinois budget impasse, MAP Grant funds
have not been released to colleges and universities. During the 2015-16 school
year, Triton College awarded students in anticipation of state reimbursement,
which has not been fully realized. Due to financial limitations, the College is
unable to disburse yet another year of MAP Grant funds in hopes of a resolution
to the budget crisis.
While the Governor and the leaders of the Illinois General Assembly continue
to work to find a resolution to the budget impasse, it is important for
Illinois students and citizens to communicate with elected state officials to
let them know this situation is significantly affecting educational
opportunities in our state. We will continue to monitor legislative activity
closely and once a budgetary commitment to MAP Grants is finalized, your award
will be applied to your student account as planned.
In the meantime, if the absence of the MAP Grant creates a financial
hardship that may threaten your ability to attend school, we encourage you to
explore other available financial aid programs including student loans,
workstudy, and scholarships. We are committed to ensuring the ongoing budget
situation does not affect student success at Triton College.
If you have any questions or would like further information on alternative
financial aid programs, please contact the Financial Aid Office at (708)
456-0300, ext. 3155 or email firstname.lastname@example.org
To be considered enrolled in a course for financial aid purposes, you must be registered in the course before the 50 percent refund period for the class concludes.
If you enroll in a course beyond the refund period, your financial aid package will not reflect that course. Students may retake courses as often as desired; however, financial aid will only pay for a repeated course once after a course has been successfully completed.
Apply for financial aid for the upcoming school year as soon as possible!
Based on the continued increase in application volume and the state’s worsening financial condition, the deadline for State MAP Grants was on Feb. 21, 2015. The FAFSA is located at www.fafsa.gov and students should be sure to enter Triton College’s school code (001773) when asked which colleges they would like their FAFSA information to be sent to.
In order to better serve our students, the Financial Aid Office has opened a Financial Aid Student Center, located in the reception area of the office. There are computers in a semi-private space for students to complete and submit the FAFSA. If you are interested in utilizing the Student Center, please bring your most recent tax returns 1040, 1040A, or 1040EZ and W-2 forms and other necessary documents, and the Financial Aid Office staff will assist with any questions you may have as you process your application. Students are encouraged to use the IRS Data Retrieval tool when completing the FAFSA. The retrieval tool will save you time and increase the accuracy of your FAFSA information.
If you have any questions, please feel free to contact the Financial Aid Office at (708) 456-0300, Ext. 3155 or at email@example.com.
FAFSA Changes for 2017-2018
Starting next year, students will be able to:
Submit a FAFSA Earlier: Students will be able to file a 2017-18 FAFSA as early as Oct. 1, 2016, rather than beginning on Jan. 1, 2017. The earlier submission date will be a permanent change, enabling students to complete and submit a FAFSA as early as October 1 every year.
Use Earlier Income Information: Beginning with the 2017-18 FAFSA, students will report income information from an earlier tax year. For example, on the 2017–18 FAFSA, students (and parents, as appropriate) will report their 2015 income information, rather than their 2016 income information.
Pell Lifetime Limits: Effective with the 2012-2013 school year, eligible students may receive the Federal Pell Grant for a maximum of 12 semesters (or its equivalent). The calculation of the duration of a student’s eligibility will include all years of the student’s receipt of Pell Grant funding. As students are completing FAFSAs for the upcoming school year, the Department of Education is sending out email notices to students advising them if they are nearing or have crossed over the duration threshold. Additionally, as part of the financial aid review process, students will receive a communication from their financial aid advisor at Triton College with this information as it becomes available.