<p>im’ glad i didn’t choose to go to school in illinois</p>
<p>jamescchen: I am assuming you haven’t been a 17/18 year old trying to get a job recently. Send me a job, ANY job, where I can work 80 hours a week and I’d gladly do it. Right now, I live in a place where the unemployment rate is well into the 20%s on record (trust me folks, it’s higher) and getting a job = impossible.</p>
<p>Yea, I can’t find a job in my town in VA either—and I’ve been applying since the end of May. My hopes have certainly diminished.</p>
<p>The unemployment rate for teenagers is 24.0% as of June 2009. Source: A Bureau of Labor Statistics press release, viewable at [url=<a href=“http://www.bls.gov/news.release/empsit.nr0.htm]Employment”>http://www.bls.gov/news.release/empsit.nr0.htm]Employment</a> Situation Summary<a href=“The%20Bureau%20of%20Labor%20Statistics%20is%20part%20of%20the%20United%20States%20Department%20of%20Labor.”>/url</a></p>
<p>For comparison purposes, the unemployment rate during the economic depression of the 1930’s ranged from approximately 15% to 25%.</p>
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<p>What about Stafford Loans? Even unsubsidized rates would beat the situation you’re in.</p>
<p>Does this incident hint at any possibility of such a thing happening again at other universities in the near future?</p>
<p>Not surprised in the least. Aid in public schools in Illinois has always been loan heavy and not enough. My dad works at UIUC and has had much of his research budget cut and has even been forced to let go some staff that have worked under him for years. Illinois has been very stingy with financial assistance to its universities and community colleges for a long time.</p>
<p>I think the point that MissSilvestris is trying to make is</p>
<p>In-state tuition at UIUC is </p>
<p>$12,524 </p>
<p>Then one must factor in the cost of books, transportation-if living at home, housing if living on campus, and othe misc. expenses associated with attending college.</p>
<p>A student with a “0” EFC receiving full Pell will recieve ~5300
the max sub/unsidized stafford loan for a freshman is 5500
the $2,500 grant that this student will no longer be eligible for will have fill the gap in tuition.</p>
<p>$2,500 is a big gap for those who can least afford to pay. For families living from paycheck to pay check (and you would be suprised at how many families do) and are already financially strapped for cash, where is the additional money supposed to come from? So while 2500 is nothing to a baller like jamescchen, for many students it is the difference between attending and not college this fall.</p>
<p>I read in the paper that they all missed the deadline…</p>
<p>@Yakyu Spirits: There are two separate issues.</p>
<p>The 130,000 students who missed the cutoff date were waitlisted for aid. The vast majority of these students will receive no aid at all. (The only way to get off the waitlist is if someone receiving aid no longer needs it, e.g., because they dropped out.)</p>
<p>Even those students who met the cutoff date will not receive aid for the second semester.</p>
<p>@sybbie719: You are correct that part of the problem is that UIUC is expensive to begin with. However, it should be noted that:</p>
<ul>
<li><p>That number appears to approximate the cost of tuition and fees (at the base rate) combined as opposed to tuition alone. This is admittedly a technicality - I mention it only to avoid confusion.</p></li>
<li><p>Illinois public universities freeze tuition at the rate for the year in which a student originally enrolls.</p></li>
<li><p>Some majors have surcharges which can exceed $4,000 per year. Generally, Engineering, Business and some sciences have the highest surcharges. The surcharges applied to each major are detailed at [University</a> of Illinois Financial Aid: Undergraduate Resident 2009-2010 Cost](<a href=“http://www.osfa.uiuc.edu/cost/undergrad/res_0910.html]University”>http://www.osfa.uiuc.edu/cost/undergrad/res_0910.html) If students paying the base rate (e.g., most LAS students) are having financial difficulty, it is that much worse for, say, Engineering students.</p></li>
</ul>
<p>At the Universities of Illinois (all three campuses), state funding represents less than 25% of total funding. State funding has been a joke since about 2003, when the state required the public universities to return some of its money.
UIC has renovation projects which have been delayed for 5 years because of the cuts. They have finally given approval for the College of Dentistry renovation, a project which should have occurred in 2003-04. Base yearly tuition for undergrads is $12,034, and highest undergrad tuition is for the Bachelors of Nursing majors at $15,538 per year. UIC and UIUC are the two most expensive public colleges in IL. Generally, UIUC has higher tuition, and UIC has higher residence hall rates.</p>
<p>Stafford loans are normally already calculated into the financial aid determinations. The amount you can get from them depends on your year and independent/dependent status. The cutting of MAP funds could put a lot of people over the edge.</p>
<p>jamescchen, you are a tool, and don’t say folks, you sound stupid. $2500 is a lot to a college student; it’s probably two months of work full time at minimum wage 8x40x8, and that’s assuming you can get a job.</p>
<p>The Illinois MAP scholarship is for Illinois residents only who attend Illinois college and university. MAP stopped processing Financial AID May 15 instead of Aug 15th which cut off some for the fall and spring. Money will get disbursed for fall but zero for spring. Unless Illinois has an emergency allocation passed by the state legislature the spring semester will be the most stressfull as ALL MAP grant recipients will not have funds. Public Illinois institutions will not make up the difference unless they do a special “call for donations” and private institutions will have to make the amount up by drawing it from their endowment funds (for almost all of them). I watched a panel discussion on WTTW and I was stunned by what i heard. Illinois MAP recipients may not be able to line the Illinois politicians pockets but Illinois Students better write (text email)their congress people and let them know they CAN VOTE.</p>
<p>***"The unemployment rate for teenagers is 24.0% as of June 2009. Source: A Bureau of Labor Statistics press release, viewable at Employment Situation Summary (The Bureau of Labor Statistics is part of the United States Department of Labor.)</p>
<p>For comparison purposes, the unemployment rate during the economic depression of the 1930’s ranged from approximately 15% to 25%."***</p>
<p>Take3, thats 15-25% of ALL PEOPLE, not just teens. Unemployment is 9.7% right now, which is less than 6% above what it was in October 2000, the lowest it’s been in over 20 years. People spreading things like this is what makes economics situations worse. Optimism, not cynicism is the best attitude, from an economic perspective(I say this with all due respect to those who are suffering as a result of the economy)</p>
<p>The point is that it’s as difficult as a teenager to find work at this time as it was for the general public to find work in the economic depression of the 1930’s.</p>
<p>Nobody pretends that in the depression of the 1930’s, it was possible for an unemployed person to simply go out and find work. Today’s teenagers have a comparable unemployment rate. It follows that if they are unable to find work, the situation may be beyond their control.</p>
<p>Optimism is not going to help someone pay for college. Students need to be realistic about whether summer work is available so that they can plan accordingly. At a minimum, it would be advisable to have a Plan B by which a student can pay for college even if summer work cannot be found.</p>
<p>For undergrad, I had a full-time (37 hours) summer camp counselor job. I was paid about $3k. I was paid about $2 above minimum wage. These summer jobs do not go far in terms of helping to pay tuition.</p>
<p>As someone who is currently receive the full $5000 MAP grant, I can confirm that this is available to students attending private institutions. I go to DePaul and they have told me about this situation (though the news here mentioned is brand new).</p>
<p>For students at DePaul, the university will make up for the lost MAP Grant funds for the Autumn Quarter. This means that DePaul students will lost out on approximately $1700, instead of the full $2500 (since DePaul will, from their pockets, cover the $800 during the Autumn Quarter).</p>
<p>Is it possible for students who were denied their grants to borrow against their life insurance policies just for the duration of the time they can’t get the grant?</p>
<p>ppl should of did their financial aid as soon as possible. y did they wait to the last minute??</p>
<p>also im a 09-10 college student, my MAP grant is only 500 4 the yr. if i were to lose it i’m not going 2 b happy. i dont care if the grant was 4 a 100. i need all the free money i can getl. my cost of attendace @ Chicago State is close 2 20000</p>