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 - Wednesday: 8:30 a.m. - 5 p.m.

Thursday: 8:30 a.m. - 7 p.m.

Friday: 8:30 a.m. - 5 p.m.

 

Summer 2018 Financial Aid Application Now Available

To be considered for Summer 2018 Financial Aid you must:

  • Complete the 2017-2018 Free Application of Federal Student Aid (FAFSA). It is available online at http://www.fafsa.gov through June 30, 2018.
  • Complete the GSU Summer Application for Financial Aid 

Monetary Award Program (MAP)

Governors State University's Office of Financial Aid is strongly encouraging all students to complete their FAFSA by Wednesday, December 21st, 2017 to determine their eligibility for MAP in the 2018-2019 academic year. 

 

2018-20198 FAFSA Information

The Free Application for Federal Student Aid (FAFSA) for 2018-2019 will be available on October 1, 2017. This earlier date will be a permanent change, enabling students to complete and submit their FAFSA earlier.

Starting with the 2018-2019 FAFSA, students will report income and tax information from an earlier tax year. On the 2018-2019 FAFSA, students and parents will report their 2016 income and tax information.

More information about the FAFSA changes are availabe at studentaid.ed.gov.

 

Disbursement Dates

For planning purposes, please note the 2018-2019 financial aid disbursement dates:

Semester

Disbursement Date

Fall 2018

September 17, 2018

Spring 2019

February 11, 2019

Summer 2019

June 11, 2019

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 for Direct Deposit of refunds

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

Important Information from the IRS

If your FAFSA is selected for verification, and you did not use the IRS Data Retrieval option, or you changed the IRS data, you will be required to request a tax transcript from IRS and submit it to the Financial Aid Office. Personal copies of tax returns can no longer be accepted.

Please make sure you request a Tax Return Transcript. DO NOT request a Tax Account Transcript or Record of Account because they cannot be used for financial aid verification purposes.

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 >>

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.

Tuition and Fees

Click here to review tuition and fees at Governors State University, as well as the tuition calculator and Net Price calculator.

FAQs

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