Meritorious Service Award
Description:  The Meritorious Service Award is considered to have an extremely high value.

Criteria for Selection:  This award is considered to be of extremely high importance and therefore the recipient must have made significant contributions to the profession, association(s) or education in general. The selection is based upon leadership or work on special projects. It is not required that these projects last for the entire year or for an extended length of time; they could also be for a single accomplishment. Nominees may be financial aid administrators or people from related fields who merit consideration. The nominee need not be a member of ILASFAA.

New Professional Recognition Award
Description:  The New Professional Award is given annually to recognize the outstanding contributions of an individual who has been in the financial aid profession five years or less.

Criteria for Selection:  Individuals will have demonstrated interest in ILASFAA activities, participated in professional meetings, and shown growth in the financial aid profession. This individual will be held in high regard by his or her peers.

Recognition of Retirement Awards
Description:  Recognition of Retirement is given to those who retire from the financial aid profession during the current year. The recognition is considered to have a high level of importance.

Criteria for Selection:  The criteria for this recognition is based on retirement from the financial aid profession due to reasons of health, age or institutional eligibility. The person must have served the most recent ten (10) years as a member of a financial aid office or in a position eligible for membership in ILASFAA. The retirement must have taken place during the current year or be scheduled to take place within 6 months immediately following the conference. The individual must be an ILASFAA member during the year prior to retirement.

Sustained Service Awards
Description:  The Sustained Service Award is presented to regular members of the Association and is considered to have high importance.

Criteria for Selection:  The recipient must have been active in the profession for a minimum of 10 years and have made substantive contributions to ILASFAA.