If you received a Chicago-Kent scholarship during the 2006-2007 academic year and you expect to receive one again in 2007-2008, please be aware that scholarships for continuing students will not be included in financial aid awards until August 2007. In July the Office of Admissions reviews grades and class ranks from Spring 2007 term and determines which students are eligible for scholarship renewal. You will receive a revised award letter in August if your scholarship is renewed.

Summer Office Hours

2007-2008 Financial Aid Deadlines

All Downtown Campus Students

If you would like your financial aid disbursed to your tuition account by the first week of class, your file must be complete with the Office of Financial Aid by 6/30/2007. To complete your file you must have a 2007-2008 FAFSA on file, accept your "estimated aid" by using your web for student account, and all relevant promissory notes (except Perkins) must be completed with the lender of your choice.

Even if your file is not complete by June 30th you are still eligible to apply and receive financial aid but please be aware that your funds may not disburse by the first week of class. For this reason, we encourage all students take action to complete his/her file by June 30, 2007. If you have questions regarding whether you have to complete a new promissory note please contact the Office of financial aid at finaid@kentlaw.edu or 312-906-5160.

Accepting Summer Awards

You have been offered a financial aid award for the summer but you have yet to accept the offered amounts. You must accept the offered Estimated Federal Stafford, Federal Graduate Plus and/or Private (Alternative) loans on your Web for Students if you wish to receive the funds for summer.

If this is your first year borrowing funds at Illinois Institute of Technology Downtown Campus you will have to complete the Federal Master Promissory Note for each loan type you choose to accept. Please visit our website at the following link if you need to complete this requirement: https://www.kentlaw.edu/depts/finaid. Also, please be aware that while you may be eligible for a higher Grad Plus or Private loan amount, you cannot increase the Federal Stafford loan amounts.

Summer Award Information

The summer term is the first term of the 2007-2008academic year. Summer financial aid, however, is processed separately from the regular academic year.

Students must complete the 2007-2008 FAFSA in order to receive federal loans for the summer term. The Office of Financial Aid cannot process federal loans for a student until his or her FAFSA information is received.

In order to receive federal financial aid for the summer term, students must be enrolled at least half-time. Half-time status is defined as the following: Chicago-Kent College of Law (JD & LLM) students must enroll for at least 6 credits; Stuart School of Business students must enroll for at least 7.2 credits; Master of Public Administration students must enroll for at least 5 credits.

The Office of Financial Aid will automatically process summer federal loans for students who are enrolled at least half-time during the summer term. Law and MPA students will receive 1/3 of their federal loan eligibility during the summer term and business students will receive 1/4 of their federal loan eligibility. Students may choose to borrow alternative loan funds in addition to their federal loan funds for the summer term. To do so, they must apply for a loan directly with the lender of their choice.

Students who are not enrolled at least half-time may choose to borrow alternative loan funds for the summer term. To do so, they must apply for a loan directly with the lender of their choice.

2007-2008 FAFSA

In order to qualify for federal financial aid for 2007-2008, you must complete a Free Application for Federal Student Aid (FAFSA) or Renewal FAFSA for 2007-2008. In order to complete the 2007-2008 FAFSA you will need to provide 2006 income and tax information, so we recommend that you complete your 2006 tax returns before filing your FAFSA.

You can complete your FAFSA or Renewal FAFSA online at www.fafsa.ed.gov. You must include IIT's Downtown Campus school code on your application. The code is E00773. The code will listed as Chicago Kent.

REFUND CHECKS

Refund checks are generated by the Bursar's Office and are available to be picked up at their office (Room 290) approximately 5-7 business days after a credit has resulted in a student's account.

The Bursar's Office will send the student an email when a refund check is available.

Free Credit Report

Did you know that you are now able to receive a free credit report once every 12 months? We encourage students to review their credit reports annually to check for inaccuracies and identify any suspicious activity.

To receive your free credit report, please visit the following link: www.annualcreditreport.com. This central site allows you to request a free credit file disclosure, commonly called a credit report, once every 12 months from each of the nationwide consumer credit reporting companies: Equifax, Experian and TransUnion.

Please be aware that other sites may advertise free credit reports, but this is the only site that is sponsored by the federal government and the three nationwide credit reporting agencies. Other sites may charge fees.

Office of Financial Aid

Kent Scholarship Status for Continuing Students