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Institutional Loans

The Financial Aid office has several Institutional Loan options available. Applications will be accepted starting July 1, 2014 for the 2014-15 school year.

The Court and Grace Johnston Loan Fund has been made available through the donations of Erwin and Ruth Thompson of Godfrey, Illinois. The fund has been named in honor of Mrs. Thompson’s parents. The loan fund has been designated for students with a WIU Grade Point Average of at least 2.5, and who are full-time undergraduate students.

The Naomi I. Carnes Student Loan Fund has been made available through the memorial donation from Naomi Carnes of Baylis, Illinois. The purpose of the loan fund is to provide monies to highly recommended students from Pike or Morgan Counties in Illinois who demonstrate a financial need. The loan fund has been designated for students from Pike or Morgan counties in Illinois with a WIU Grade Point Average of at least 2.5, and who are full-time undergraduate or graduate students.

The Post-Twaddle Loan Fund has been made available through the memorial donation from Bertha “Betty” Post Cutler in memory of her father, Ira Post, and her mother, Ureatha Twaddle Post. The purpose of the loan fund is to provide monies to highly recommended upper class students in the Art or Music Department who are of good honest character and demonstrate a financial need. The loan fund has been designated for students in the upper 10% of their major class. This loan is open to upper class undergraduate through graduate class levels.