Northern Illinois University

Financial Aid

Aerial photo of campus

Financial Aid News and Updates

  1. New Summer hours!
  2. Direct PLUS application processing will begin June 1, 2008.
  3. NIU will process Stafford, PLUS and alternative loans from any lender of your choice until the end of the summer 2008 semester.
  4. Beginning with the Fall 2008 semester NIU will participate in the Direct Lending Program. All students who will borrow a Federal Direct Stafford Loan for the fall 2008 and/or spring 2009 semesters and who previously borrowed their Stafford Loan through a lender under the Federal Family Educational Loan Program (FFELP) will need to complete a new promissory note (MPN).
  5. Important Notice: As of 4/1/08 TCF Bank and the National Bank & Trust of Sycamore will no longer be participating in the Federal Family Educational Loan Program (FFELP). If a student is eligible for a summer 2008 student loan, they will need to choose a different lender code and will need to complete a new promissory note.
  6. Student Financial Aid Office (SFAO) at NIU to implement new student information system-People Soft February, 18, 2008.
  7. Want to receive cutting edge financial aid news? Listen to the Financial Aid Podcast by downloading the show or have it sent to your email! You can sign up for scholarships, free stuff and much more http://www.financialaidpodcast.com/.