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Course Catalog - Knowledge Systems Institute

Course Catalog - Knowledge Systems Institute

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KNOWLEDGE SYSTEMS INSTITUTE<br />

GRADUATE SCHOOL OF COMPUTER & INFORMATION SCIENCES<br />

www.ksi.edu<br />

847-679-3135<br />

Independent Students<br />

Third Year and Beyond<br />

Graduate or Professional<br />

FEDERAL STAFFORD LOANS<br />

Annual Loan Limits<br />

$12,500 ($5,500 subsidized/$7,000 unsubsidized)<br />

$20,500 ($8,500 subsidized/$12,000 unsubsidized)<br />

Lifetime Limits<br />

Undergraduate Dependent<br />

$31,000 (Up to $23,000 may be subsidized)<br />

Undergraduate Independent $57,500<br />

Graduate or Professional<br />

$138,500 (Up to $65,000 may be subsidized)<br />

or $224,000 (for Health Professionals)<br />

• Interest rate: variable, but never exceeds prime rate.<br />

• For undergraduates and graduates enrolled at least half-time.<br />

• Students can get a loan regardless of income, but federal government pays interest only on<br />

need-based loans.<br />

• Maximum award depends on length of enrollment and year in school.<br />

• Students must sign a promissory note, agreeing to repay the loan.<br />

• Under certain conditions, repayment may be deferred (postponed) or canceled.<br />

• Please see the Financial Assistance Policy Handbook for complete information about student<br />

loan policy.<br />

Financial <strong>Course</strong> Descriptions Assistance<br />

VA BENEFITS<br />

Veterans will receive VA benefits for accredited courses offered by <strong>Knowledge</strong> <strong>Systems</strong><br />

<strong>Institute</strong>, as approved by the Department of Veterans’ Affairs of the State of Illinois. <strong>Knowledge</strong><br />

<strong>Systems</strong> <strong>Institute</strong> has been approved by the State of Illinois, Department of Veterans Affairs to<br />

accept the Montgomery GI Bill for those active duty personnel of the Armed Forces wishing to<br />

pursue or enhance their education.<br />

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