SPRINGFIELD, Ill. (CBS) — Students seeking state aid to pay for college next year have until Sunday night to apply for a MAP grant, Illinois’ largest need-based college scholarship program.

The Illinois Student Assistance Commission has informed universities that prospective students have until midnight Sunday night to file applications for Monetary Award Program grants for the 2011-12 school year.

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It’s the earliest deadline for applications for MAP grants.

The grants are awarded to students on a first-come, first-served basis until money for the program runs out.

Cheryl Shaffer of Heartland Community College in Normal told the Pantagraph in Bloomington that the deadline gives students little time to react, and could mean some may have to take out loans.

About 130,000 Illinois students received grants for the current academic year.

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