Attention all students!
Update contact information with Dept of Education
The Department of Education will soon be sending information
about filing your 2005-2006 Renewal FAFSA. To ensure that
you receive this information, please verify that the Department
of Education has your correct contact information.
Students can update their email addresses, physical mailing
addresses, and other contact information by visiting the
FAFSA on the Web site at http://www.fafsa.ed.gov. Contact
information can be viewed via the Student Access section
of the site and updated via the Corrections section of
Attention December Graduates!
Required Exit Counseling
All December graduates who received Federal Stafford
loans while attending IIT-Downtown Campus must attend
the following Exit Counseling session:
November 16, 2004 -- 12:00 to 1:30pm (Lunch will
This session will provide students with important information
about loan repayment and federal loan consolidation.
Financial Aid Deadline for Fall Term
Students who would like to receive financial aid for
the Fall term only must submit all documentation to complete
their file by the following dates:
Law Students: December 13, 2004
Business Students: November 15, 2004
If you are unsure whether your file is complete please
contact our office at 312-906-5180 or firstname.lastname@example.org.
Refund checks are generated by the Bursar's Office
and are available to be picked up at their office approximately
5-7 business days after a credit has resulted in a student's
The Bursar's Office will send the student an email
when a refund check is available.
2004-2005 Disbursement Schedule
for Law School
Fall Disbursement: August 13, 2004
Spring Disbursement: January 10, 2005
2004-2005 Disbursement Schedule
for Stuart School
Fall Disbursement: September 7, 2004
Winter Disbursement: January 3, 2005
Spring Disbursement: March 28, 2005
2004-2005 Loan Processing
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 email@example.com or firstname.lastname@example.org
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
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.
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.
NEW STAFFORD LOAN RATES
As of July 1, 2004 the interest rates for federal Stafford
2.77% During school, grace and deferment
3.37% During active repayment (including forbearance
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/