Graduating Students -- Exit Interviews
All graduating students MUST complete an Exit Interview.
You may complete this requirement either by stopping by
our office to fill out the paper Exit Interview form,
or by logging on to www.kentlaw.edu/depts/finaid and completing
the electronic version of the Exit Interview.
Award Letters
The Financial Aid Office began mailing
out Award Letters on March 7. If
you have not yet received an Award Letter for the 2002-2003
academic year, please make sure you have completed your
2002/03 FAFSA. Once the electronic copy of your FAFSA
arrives at our school, you will receive an Award Letter.
Please note that for the upcoming academic year, students
will receive Award Letters by both first-class mail and
e-mail. Students may access their Award Package at: https://webforsun.cns.iit.edu/ahomepg.htm
Continuing Students
For the 2002/03 academic year, Federal Stafford loans
will be processed with the lender that you selected for
the current (2001/02) year and will be for the
amounts that are listed on each student's 2002/03
Award Letter. If you wish to select a different lender,
please notify the Financial Aid Office in writing (an
e-mail would suffice).
ALL STUDENTS -- Applying for Private Loans
PRIVATE LOAN PROCESSING FOR 2002-2003 (for
Summer and Fall-Spring): In order to receive a private
loan for Summer 2002 and/or Fall-Spring 2002-03, you must
apply for the loan directly with the lender of your choice.
You may apply for the loan(s) on-line at the lender's
web site, by downloading an application from their web
site, by picking up an application at our office or by
applying over the phone (only with certain lenders). If
you complete a paper application, please turn it in to
our office.
Please keep the following in mind when
applying for a private loan: Summer 2002 is a separate
loan period from Fall-Spring 2002-03 and requires a separate
private loan application. Therefore, if you want private
loans for Summer and Fall-Spring, you need to apply
for two loans with your lender.
Also, before you apply, we suggest that you contact your
lender to find out the current terms fo their private
loan (such as interest rates, fees and repayment options),
because some lenders are still using the terms for 2001-02
and have not yet updated their systems with the new 2002-03
terms.
Summer Processing
We will process summer federal loans for students who
specified on their 2002/2003 FAFSA that they would
be enrolled at least half-time for the Summer term. If
you completed the 2002/03 FAFSA, but did not specify that
you would be enrolled for Summer and have since decided
that you will take Summer courses, please e-mail the Financial
Aid Office at finaid@kentlaw.edu and state
how many hours you intend on registering for. Students
must complete the 2002/03 FAFSA in order to receive Summer
federal loans. Please also note that you will
not be packaged for financial aid or receive an Award
Letter until you register for summer classes. In
addition, students will receive a revised Award Letter
for the academic year beginning with the fall term. For
students who wish to apply for a private loan for the
Summer, please read the information that precedes this
paragraph.
FAFSA Information:
For the current (2001/02) academic year,
complete the 2001/2002 FAFSA. For the upcoming (2002/03)
academic year, complete the 2002/2003 FAFSA or
the 2002/2003 Renewal FAFSA.
Begin the federal financial aid application
process online using the Department of Education's FAFSA
on the Web. It's free, fast, easy and accurate!!
www.fafsa.ed.gov
- Contact the Downtown Campus Office of Financial
Aid to find out about additional paperwork that may be
required to process your financial aid.
Illinois Institute of Technology- Downtown
Campus School Code: E00773
In order to complete your FAFSA online,
you must have a PIN number. In order to obtain a PIN number,
you may access the following website: www.eac.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
_____________________________________________
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/
Exit Interviews
Exit interviews may be completed by visiting the following
website:
www.kentlaw.edu/depts/finaid
Graduating students or students who have withrawn from
the school must complete Exit Counseling. Students who graduated
in December and have not received a Borrower Profile may
contact the Financial Aid Office.
You may obtain information about your outstanding federal
loans by visiting The National Student Loan Data System
(NSLDS). 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
________________________________________
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.
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
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.
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.
IIT 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.
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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