NORMAL, Ill. (AP) - The Illinois Student Assistance Commission is making a 10 percent cut in grants given through its Monetary Awards Program because of a shortage of money.
The Pantagraph in Bloomington reports Monday (http://bit.ly/10ex7Nh) that statewide the cuts total about $2 million. Commission spokesman John Samuels says that the problem happened when more students than expected claimed their grant money. The commission initially notifies more students about grants than it has money to pay. That's in expectation that not all students will collect.
But students shouldn't be affected. Most schools are taking the hit. Illinois State University will lose about $50,000. Heartland Community College in Normal will lose about $8,000.
About 141,000 students in Illinois receive MAP grants.
All content © Copyright 2000 - 2013 WorldNow and WGEM. All Rights Reserved.
Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Donna Vancil at 217-228-6617. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at firstname.lastname@example.org.