Freshmen and new transfer students who anticipate attending Eastern Illinois University in the fall of 2012 will have the opportunity to apply for a new scholarship.
"We're pleased to help students with a resource that makes earning a degree more affordable for Illinois students," stated Eastern President William Perry.
The Panther Promise Award will provide up to $2,500 per year for eligible students. The award is renewable for up to four years if students maintain satisfactory academic progress and file a FAFSA each year. The award can be added to other scholarships and grants in the students' financial aid packages.
To be eligible, students must file a FAFSA form each year and be first-time freshmen or first-time transfer students at EIU in the fall of 2012. Students must also meet income requirements to be eligible. The Panther Promise is available to students from households with an annual income ranging from $33,000 to $67,000. Numerous scholarships and grants remain available for students from households in other income ranges.
"Accessibility and affordability are at the core of the Illinois Public Agenda for College & Career Success. The Panther Promise Award creates an additional resource for students who need assistance paying for college," Perry added.
Students or parents who are interested in learning more about the Panther Promise Award may contact the EIU Office of Undergraduate Admissions toll free at 877-581-2348.
To learn more about the many types of aid available, please visit http://www.eiu.edu/finaid/index.php.