Important Information

News

Underground Contractors Association of Illinois

Due date: February 12, 2010

Do you have a passion for the Underground Industry? The Underground Contractors Association (UCA) is offering three scholarships of up to $2,000 each for the 2010 - 2011 academic year for college and trade school bound students.

Requirements

• - Be a U.S. Citizen
• - Provisionally accepted or participating in an accredited trade school, college, or university.
• - Be in pursuit of higher education and training related to the underground construction industry.
• - Fill out the application and provide the required documents by the deadline of February 12, 2010.

Program details, flyer, and the application are all available for download at the Underground Contractors Association website.

_{Updated 01.05.10}

New Income-Based Repayment Plan Now Available!

Effective July 1, 2009, borrowers may enroll in a new income-based repayment plan designed to make federal student loan payments more affordable. This program is especially helpful to borrowers with high student loan debt and low earnings, as the program utilizes a calculation that caps the total repayment amount based on family size and income.

Under this new program, after 25 years of qualifying payments, any remaining student loan debt will be forgiven. Additionally, if you hold an eligible public service position, any remaining student loan debt will be forgiven after 10 years of qualifying payments and continuous public service.

To find out more information, please go to www.ibrinfo.org. To enroll in income-based repayment, please contact your lender.

_{Updated 07.13.09}

Reminders

Disbursement

For undergraduate students, institutional scholarships and grants will disburse on the 1st day of classes. For undergraduates and graduate students (excluding MPA, Business, and Law students), federal and state aid will disburse after the add/drop deadline. If disbursements results in a refund due to the student, refund checks will be issued 3-5 business days after disbursement.

_{Updated 01.13.108}