Types of Aid

Financial Aid Sources


Annual Value


Federal Pell Grant


Up to $5730

Iraq and Afghanistan Service Grant



Federal Supplemental Educational Opportunity Grant


Up to $1000

Monetary Award Program (MAP – IL residents only)


Up to $4720

McKendree Grant (full time enrollment required)



TEACH Grant (eligible Junior, Senior, & Graduate students only)


Up to $4000

Federal Work Study


Up to $2000

Federal Perkins Loan


Up to $3000

Federal Direct Student Loan


Variable - Based on grade level

Federal Direct Parent PLUS Loan for Undergraduate Students



Alternative Loan