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IL Financial Aid Agency Wonders if There's Enough Money

By AP

Champaigne, IL – An Illinois agency that provides more than $400 million a year in grants and scholarships for college students is anxiously waiting for the end of budget negotiations to find out how much money it will have for the coming school year. The Illinois Student Assistance Commission last year provided funding for more than 200,000 students through 20 scholarship and grant programs. Commission Director Andrew Davis says lawmakers and Governor Quinn seem to want to find the money for those programs, but Davis knows the state is in a financial bind.