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Office of Financial Aid

Office of Financial Aid home page
Week of March 22, 2004

Spring 2004 Federal Aid Deadline.

Law School Student: File must be complete by 5/15/2004.

Business School Student: File must be complete by 6/1/2004.

FAFSA for 2004-2005:

In order to qualify for financial aid for 2004-2005, you must complete your Free Application for Federal Student Aid (FAFSA) or Renewal FAFSA for 2004-2005.

You can complete your FAFSA or Renewal FAFSA online at www.fafsa.ed.gov . In order to apply, you will need your Personal Identification Number (PIN). The Illinois Institute of Technology Downtown Campus(school code - E00773) requested that a PIN be mailed to your address from the Department of Education. You should have received it by now. Please keep your PIN protected. All MBA, MPA, CLFM and Law students should use school code E00773 with the school name Chicago Kent College of Law.

If you did not receive your PIN, you can request it online at www.pin.ed.gov. If you any have question or require further assistance please feel free to contact the Financial Aid Office at (312) 906-5180 or via email at finaid@kentlaw.edu or finaid@stuart.iit.edu

Attention May Graduates:

Required Exit Interview

All graduating students who borrowed a federal Stafford loan while attending Chicago-Kent will need to complete an Exit Interview. If you did not attend one of the Exit Interview sessions that were offered this semester you will need to complete this process online.

Summer 2004 Financial Aid Process

If applying for aid for Summer 2004, please refer to the following process.

1) Complete FAFSA or Renewal FAFSA.

2) Register for summer classes.

3) Financial Aid office sends Electronic Award notification.

4) Accept, reject and/or reduce loans via email at finaid@kentlaw.edu or finaid@stuart.iit.edu.

5) Federal Loan eligibility: student must enrolled at least 1/2 time. (please keep in mind that the federal loan will be 2 equal disbursements)

6) Apply for Private loan with the lender.

Disbursement Schedule for Summer 2004 Law School

Federal Loan Disbursement dates: 1st disbursement 5/14/2004 2nd disbursement 6/23/2004

Private Loan Disbursement date: 5/14/2004

Disbursement Schedule for Summer 2004 Stuart School

Federal Loan Disbursement dates: 1st disbursement 06-14-2004 2nd disbursement 07-19-2004

Private Loan Disbursement date: 06-14-2004

2004-2005 Loan Processing

Federal Stafford loans

New students who have been awarded federal Stafford loans will need to select a lender and complete a Master Promissory Note online at the lender's website, which can be accessed here.

Continuing students who have received a federal Stafford loan in the past will not need to complete another Master Promissory Note unless the student wishes to use a new lender. The Office of Financial Aid will process a federal Stafford loan for the maximum amount the student has been awarded unless the student informs us otherwise.

Private loans

New and continuing students who wish to borrow a private loan will need to select a lender and complete a loan application at the lender's website, which can be accessed here.

Perkins loans

New and continuing students who have been awarded a Perkins loan will receive a promissory note from IIT's Student Loan office. The student must complete and return the promissory note in order for the loan funds to be credited to their account.

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/

 

Office Hours - Suite #230

Monday-Thursday ~ 8:30 a.m. to 6:00 p.m.

Friday ~ 8:30 a.m. to 4:30 p.m

Phone: (312) 906-5180 - Fax: (312) 906-5274

 

 


 

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