Financial aid is available for most degree-seeking students. We make the application process as easy as possible.

We encourage all students to apply for financial aid to help make college education affordable. But we understand that filling out financial aid applications can be daunting. Our Financial Aid staff is available to help you and answer your questions at 708.534.4480 or by email at faid@govst.edu

 

Governors State University's financial aid code for your FAFSA is 009145.

Financial Aid Hours
Monday - Thursday: 8:30 a.m. - 7 p.m.
Friday: 8:30 a.m. - 5 p.m. 

 

Disbursement Date Policy Change 

For planning purposes, please note the financial aid disbursement date for fall 2015 is: September 14, 2015.  Financial Aid refunds will be deposited directly into a bank account of your choice within 3-4 business days of disbursement if you have completed the online bank information form for direct deposit of refunds.  For information on how to complete this form please go to:

Provide Bank information forDirect Deposit of refunds

If you have not provided this form before the disbursement date, your check will be mailed to you.

From June 1 through September 12, you can make charges to your student account, including adding or dropping courses, meal plans, contracting for university housing (Prairie Place), purchasing or renting books at the GSU Follett Bookstore, and purchasing supplies from the GSU Follett Bookstore. Financial aid will be moved to your student account to pay for accrued charges. If there is not enough financial aid to cover your charges, you will need to make payment arrangements. If there is an excess of financial aid, you will be disbursed a refund via direct deposit into a bank account of your choice. 

 

Important Information from the IRS 

The IRS announced its "Get Transcript" application had been compromised by cyber criminals. Over 100,000 taxpayers' accounts were illegally accessed. The "Get Transcript" application has been temporarily disabled. The IRS has taken several additional measures to protect taxpayers and their confidential information. 

This impacts students and families who may be requesting tax transcripts to complete their financial aid process. At this time, tax transcripts are only available when requested by mail and take up to ten days for delivery. Students and parents are strongly encouraged to utilize the IRS Data Retrieval Tool (DRT) available within fafsa.ed.gov. Links to a statement from the IRS AND a Q & A list are provided below. 

IRS Full Statement

Get Transcript Q & A

 

The Financial Aid Process

There are four steps you need to take as you apply for financial aid. If you have questions along the way, we’re here to help at faid@govst.edu.
Learn more about the four steps to financial aid.

Loans

There are many types of loans available to you. Loans are funds that are borrowed to help pay for you education expenses. Loans must be repaid, usually with interest.

Grants

A grant is a form of financial aid that does not require repayment. At GSU, you’ll find both the federal and state grants that may be available to help pay for your education.

Scholarships

Governors State is committed to your success. We provide institutional scholarships as well as help to point you in the direction of external scholarships. Learn more about scholarships that are offered.

Federal Work-Study

Federal Work-Study is a program for undergraduate, graduate and doctoral students with financial need. It is a way to gain good work experience along with financial support for your education. Learn more >>

Tuition Waivers & Assistantships

GSU offers a variety of tuition waivers and graduate assistantships. These tuition waivers and assistantships are generally awarded based on academic merit. Learn more >>

Financial Aid and Benefits for Veterans

If you are a veteran of the U.S. Armed Forces, on active military duty or a dependent of a veteran, you may be eligible for certain categories of financial assistance from the State Of Illinois or the U.S. Department of Veterans Affairs.

Resources & Tools

You can access your Financial Aid Award and view your financial aid information online through the myGSU online portal. You will have access to the portal when you are accepted at GSU. This is a quick and easy way to monitor your financial aid status. Learn more >>

Verification Process

Verification is the process of confirming that your information and, if applicable, your parent's or spouse's information reported on your Free Application for Federal Student Aid is accurate. Learn more >>

Forms and Publications

The forms you need are here.

FAFSA - Free Application for Federal Student Aid

Applying for financial aid begins with completing a Free Application for Federal Student Aid, more commonly known as the FAFSA. When you submit a FAFSA, you are applying for federal loans, grants and work-study funding.

FAQs

The process of applying for and being awarded financial aid can seem complicated. Don’t worry, we’re here to help. Learn more >>