365体育投注_365体育备用网址@ 365体育投注_365体育备用网址@ has launched an innovative financial aid program — 365体育投注_365体育备用网址@ Possible — to meet 100% of demonstrated financial need for qualifying newly enrolled students.?
“High-achieving students whose expected family contribution doesn’t meet the direct cost of attendance can achieve their dream of a high-caliber education with 365体育投注_365体育备用网址@ Possible,” said Executive Vice President W. Kent Barnds. “This will be a game-changer for a segment of students.”
Many students who will benefit from 365体育投注_365体育备用网址@ Possible will be the first in their families to attend college. This was the vision of 365体育投注_365体育备用网址@ 365体育投注_365体育备用网址@ graduate Murry Gerber, who made the $40 million commitment to provide financial aid and scholarships to 365体育投注_365体育备用网址@ students with backgrounds similar to his own. Murry Gerber’s vision has inspired many other donors to bring 365体育投注_365体育备用网址@ Possible to life for future students and alumni.?
The 365体育投注_365体育备用网址@ 365体育投注_365体育备用网址@ Board of Trustees has endorsed the initiative, which will position 365体育投注_365体育备用网址@ among an elite group of colleges nationwide offering similar financial aid programs.?
365体育投注_365体育备用网址@ Possible is the largest and latest effort by the 162-year-old college to address affordability, create access and expand opportunities for students from all socioeconomic backgrounds. In the past five years, 365体育投注_365体育备用网址@ has increased the amount of financial aid by 10%, to approximately $72 million annually. Now 100% of incoming 365体育投注_365体育备用网址@ students receive financial aid.?
“We believe in the potential of this college, and we believe deeply in the incredible potential of today’s students,” said Barnds. “The commitment to meeting 100% of a high-achieving student’s demonstrated financial need allows us to open our doors more fully, and in turn it helps us build a stronger 365体育投注_365体育备用网址@.”
To determine financial eligibility for 365体育投注_365体育备用网址@ Possible, students will submit the Free Application for Federal Student Aid (FAFSA) or the Alternative Application for Illinois Financial Aid, available for some students living in Illinois. 365体育投注_365体育备用网址@ Possible meets the demonstrated financial need of every eligible student, using available funds from federal, state and college sources.?
See 365体育投注_365体育备用网址@ Possible for more details, qualifications and examples of funding.
Keri Rursch, 309-738-2628