Tax Credits & Deductions

The Lifetime Learning Tax Credit

For the tax year, you may be able to claim a lifetime learning credit of up to $2,000 for qualified education expenses paid for all students enrolled in eligible educational institutions. There is no limit on the number of years the Lifetime Learning Credit can be claimed for each student. The full credit is available to individuals whose modified adjusted gross income is less than an amount specified annually by the IRS. The credit is phased out for taxpayers with incomes above these levels.

ARCHIVED Financial Aid Information & Deadlines

Apply Now for Federal, State and Institutional Financial Aid for the 2023-2024 Academic Year

The time to apply for financial aid for Academic Year 2023-2024 (Fall 2023, Spring 2024 and Summer 2024) by completing the Free Application for Federal Student Aid (FAFSA) began October 1, 2022. The Office of Financial Assistance encourages all UIS students to apply by December 1, 2022, to avoid missing any grant opportunities. Our Federal School Code is 009333.

Student Loan Code of Conduct

University of Illinois Springfield Student Loan Code of Conduct

The University of Illinois Springfield has adopted this Student Loan Code of Conduct to serve as the formal guiding principles in ensuring the integrity of the student aid process and ethical conduct of employees in regard to student loan practices.

Loans

Repaying Your Loans

Once you graduate, leave school, or fall below half time enrollment, you will need to complete Exit Counseling and have to start repaying your loans.

You are obligated to repay any federal student loans that have not been repaid and are not in deferment or forbearance.  On the StudentAid.gov website, you can log in using your StudentAid.gov username and password to:

Undocumented Student Resources

Undocumented Student Resources

The University of Illinois Springfield is committed to supporting undocumented students in their goal of attaining a college degree. While undocumented and DACA (Deferred Action for Childhood Arrivals) students do not qualify for federal aid through the FAFSA (Free Application for Federal Student aid), there are other resources available to help with educational costs.