Office of Financial Aid:
News & announcements for the week of
October 29th, 2001

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Debt Management Seminar:

When:  Thursday, November 1st, 2001 
from 12:00 Noon to 1:00 P.M.

Where:  In Room C25

Why:  To educate yourself on the realities of debt and to obtain helpful tips on how to manage it.

Note: The Office of Financial Aid will be closed from 12:00 Noon to 1:00 P.M. so the staff can attend the seminar.

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Tax Benefits for Higher Education

Did you know that there are U.S. tax breaks if you plan to go to college?  Go to the following website to learn about tax breaks for those either planning to go to college, already in school, or for people who have graduated and are paying back loans on their education:  www.ed.gov/offices/OSFAP/

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Exit Interviews

For those lucky December Grads, Exit Interviews will be held on the following days and times:

Tuesday, November 27, 2001 - 12:00 Noon to 1:00p.m. - Rm. 370
Wednesday, November 28, 2001 - 3:00p.m. to 4:00p.m. - Rm. 580
Thursday, November 29, 2001 - 5:00p.m. to 6:00p.m. - Rm. 510

At the session, Borrower Profiles will be available to those who will be graduating.  If you are not able to attend these sessions,
Federal Regulations still require graduates to complete an exit interview form which can be completed online at www.kentlaw.edu/depts/finaid
A Borrower Profile will also be available to those who cannot attend an Exit Interview- and will be announced when and where to pick it up on the Record at a later time.
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The National Student Loan Data System (NSLDS) is the U.S. Department of Education's central database for student aid.  NSLDS provides a centralized, integrated view of Title IV loans that are tracked through their entire cycle: www.nslds.ed.gov 

The PIN serves as your identifier to let you access your personal information in various U.S. Department of Education systems.  You may use this web site as your central online resource for making use of the PIN:  www.eac.ed.gov 

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Visiting Another Law School

If you are planning to visit another law school for any term, and you would like to apply for financial aid, please submit all of the required paperwork to ensure receiving your disbursements in a timely manner.  If you have any questions regarding this process, please call the Office of Financial Aid. 

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FINANCIAL AID FORMS FOR 2001-2002 ARE 
AVAILABLE

The following forms are available to download:

1. Chicago-Kent Study Abroad Financial Aid Request Form
2. Chicago-Kent Visiting Away at Another Law School Request Form
3. 2001-2002 Verification Worksheet
4.  Student Worksheet A, B and C
5.  Express Federal Loan Application
6.  Express Alternative Loan Application

These forms can be downloaded from forms page



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Joint-Degree Students

If you are a student who is planning on taking both Law and MBA Courses for the 2001-02 academic year, please be advised that this may affect your financial aid.  Please call the Financial Aid Office at (312) 906-5180 and schedule an appointment with a financial aid counselor so we may give you a detailed breakdown of how your loans will be disbursed.

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Private Loan Programs

Signature Loan Update:   Signature Loan from Bank One was originally one of our preferred lenders listed on the 2001-02 Alternative Express Loan Application.  Please be advised that we have substituted Law Loans for Signature Bank.  The same terms still apply.  In addition, Saliie Mae is still the servicer for that particular loan program. 

Promissory notes for Law Loans are available in the Office of Financial Aid.

IlT Loan from IDAPP:  If you chose Illinois Institute of Technology as your private loan lender for the 2001-02 academic year, you must also select Illinois Institute of Technology as your preferred Federal Stafford Loan lender, -OR- you must select a lender not on our preferred lender list but who is an  Illinois lender for your Federal Stafford Loans.

You can apply for this loan online at    www.IDAPP.com
 If you want the school to initiate the process, you must complete an Alternative Express Loan Application.

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Apply for federal financial aid online using the Department of Education's FAFSA on the Web.  It's free, fast, easy and accurate!!  www.fafsa.ed.gov
 

If you need help completing the Free Application for Federal Student Aid (FAFSA), the Department of Education provides this helpful site with complete instructions, and phone numbers if you need more help:
www.ed.gov/prog_info/SFA/FAFSA






Office Hours

The Office of Financial Aid is open Monday through Thursday, 8:30 AM to 6:00 PM and Friday, 8:30 AM to 4:30 PM.  We are located on the second floor in Suite 230.  Please feel free to stop in our office during business hours with any concerns or questions you may have. 



 





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