Financial Aid Offer - Southwestern Illinois College

Financial Aid Offer

You will receive a financial aid offer after you have met 3 requirements.

  1. Your financial aid file must be complete.
  2. Your classes must be financial aid eligible.
  3. You must meet all financial aid eligibility requirements.

You will receive notification of your offer through your SWIC student email. First-time students will receive a letter at their home address, in addition to an email. Your financial aid offer email/letter will direct you to your eSTORM account where you can access information about your specific financial aid offer.

The links below, provide you with important information about your financial aid offer. Be sure to select the correct link to ensure you are receiving the correct information about the offer you received.

2024-2025 Offer Letter

Be sure to thoroughly read the corresponding Offer Letter to be fully aware of your rights and responsibilities in regards to this offer.

If you have been offered a Loan be sure to complete your Master Promissory Note and Entrance Counseling at studentaid.gov

Art students who might be eligible for financial aid at SWIC

Cost of Attendance

The U.S. Department of Education calculates your EFC from the information you submitted on your FAFSA. The difference between the cost of going to college and your expected family contribution is your financial need. Financial Need is determined by this formula:

Cost of Attendance – Expected Family Contribution (EFC) = Financial Need

The Cost of Attendance at Southwestern Illinois College for a full-time student during the nine-month school year is determined by the costs below. You will not be billed this amount by the college. This figure is used to determine your eligibility for financial aid.

For the 2024-25 academic year, direct and indirect costs for dependent and independent students are estimated as follows for a full-time status:

ESTIMATED UNDERGRADUATE BUDGET

2024-2025 Dependent Students

Direct Costs

  In-District Out-Of-District Out-of-State
Tuition & Fees 3,960 7,470 6,450
Loan Fees 34 34 34
Books & Supplies 2,400 2,400 2,400
Total Direct Costs 6,394 9,904 8,884

Indirect Costs

  In-District Out-of-District Out-of-State*
Food & Housing 3,198 3,198 3,198
Transportation 3,002 3,002 3,002
Misc/ Personal Expense 2,600 2,600 2,600
Total Indirect Costs 8,800 8,800 8,800

Dependent Student Total

  In-District Out-of-District Out-of-State
Total Cost of Attendance (Direct & Indirect Costs) 15,194 18,704 17,684

* Out-of-state tuition is waived to the in-district tuition rate.

2024-2025 Independent Students

Direct Costs

      Out-of-State
Tuition & Fees 3,960 7,470 6,450
Loan Fees 34 34 34
Books & Supplies 2,400 2,400 2,400
Total Direct Costs 6,394 8,824 8,644

Indirect Costs

  In-District Out-of-District Out-of-State*
Food & Housing 11,910 11,910 11,910
Transportation 3,002 3,002 3,002
Misc/ Personal Expense 2,600 2,600 2,600
Total Indirect Costs 17,512 17,512 17,512

Independent Student Total

  In-District Out-of-District Out-of-State
Total Cost of Attendance (Direct & Indirect Costs) 23,906 27,416 26,396

* Out-of-state tuition is waived to the in-district tuition rate.

  1. The budgets provided above are estimates based on 15 credit hours per semester, 30 total credit hours for the Fall and Spring semesters. Budgets are reduced if enrollment is part-time or less than half-time. Actual tuition and fee costs are calculated on the student’s enrolled credit hours each semester.
  2. Direct costs incurred through Southwestern Illinois College include tuition, fees, and select books and supplies*.
  3. Books, supplies, and course fees will vary based on the specific courses that students are taking. Students should consult the Class Schedule and billing statements found in eSTORM for specific costs.
  4. Students with aviation fees that exceed the standard fee amount are eligible for a budget increase.
  5. The student’s cost of attendance budget is the maximum financial aid assistance a student can receive. Financial aid includes grants, loans, work-study, scholarships, and tuition waivers. Students are notified of their financial aid eligibility through their SWIC student e-mail.

SAP (SATISFACTORY ACADEMIC PROGRESS)

Three Academic Requirements

  1. Maintain a cumulative 2.0 GPA
  2. Complete at least 67 percent of all attempted credit hours
  3. Complete the program of study within 150 percent of the timeframe allotted for your particular program of study

Visit the Satisfactory Academic Progress page for details regarding SWIC’s financial aid SAP policy.

REPEAT/REMEDIAL

  • Students receiving aid may repeat a course once after receiving a passing grade. If a student decides to repeat a course with a passing grade for a second time, the student is responsible for payment.
  • Financial aid will pay up to 30 credit hours of remedial courses (course numbers below 100). Students exceeding 30 credit hours are responsible for payment.

CONTACT THE FINANCIAL AID OFFICE

Southwestern Illinois College Financial Aid, Veteran Services, and Student Employment Office is available to discuss your account in person or by phone Monday through Thursday from 8 a.m. to 5 p.m. and Fridays from 8 a.m. to 4 p.m. You may email our office anytime.

Email: fin_aid@swic.edu

Belleville Campus – Room IS 1035: 618-235-2700, ext. 5288

Sam Wolf Granite City Campus – Room 420: 618-931-0600, ext. 5288

Toll-Free in Illinois: 866-942-SWIC (7942), ext. 5288