State lawmakers expressed outrage during a legislative hearing Thursday over the issue of affluent families from Chicago suburbs transferring guardianship of their children to another adult in order to qualify them for need-based financial aid they otherwise wouldn’t receive.
Illinois is now the third state to require graduating high school seniors fill out the Free Application for Federal Student Aid, otherwise known as the FAFSA form.
More than forty well-off families in the Chicago suburbs got extra financial aid from the University of Illinois by strategically giving up custody of their kids, sometimes months before their child turned 18. Plus, Illinois State Senator Tom Cullerton has been charged by federal prosecutors. He’s accused of being on a union payroll for hundreds of thousands of dollars, even though he did almost no work for them. And you’ve likely heard the phrase “Will it play in Peoria?”. But its meaning has evolved over the years to adapt to the city’s surprising history.
University of Illinois officials say they will take extra steps to vet financial aid applications from students involved in guardianship cases. The decision comes after university officials identified 14 instances in which parents had a student put under the guardianship of a friend or relative, so they could qualify for more financial aid.
The University of Illinois’ Urbana campus announced Monday it will guarantee any in-state student, from a household at or below the state median income of $61,000 per year, will have tuition and fees covered by a combination of university, state, and federal financial aid.
