Fall 2007 Disbursement Schedule
Disbursement: August 17, 2007
Disbursement: August 27, 2007
Disbursement: August 23, 2007
Fall Loan Disbursement Process: Step-by-Step
All loan funds, federal, Graduate PLUS and
private, are sent directly to the school according to the
disbursement schedule listed below.
1. When we receive the funds, we must verify
that you are eligible to receive the funds. This process
takes 1-3 business days. When the funds are released
2. The funds are then credited to your tuition
account. You will receive an email from the Bursar's Office
informing you that billing activity has occurred.
3. If a credit balance exists after the funds
have been credited, the Bursar's Office generates a refund
check for you. This process takes 5-7 business days.
4. The Bursar's Office will then notify you
when the check is ready to be picked up.
If you have any questions regarding the financial
aid funds that have been credited to your account, please
contact the Office of Financial Aid.
If you have any questions regarding the status
of your refund check or charges on your account, please
contact the Bursar's Office at 312-906-516
Federal Entrance Counseling Sessions
The U.S. Department of Education requires
first-time borrowers at the IIT Downtown Campus to complete
loan entrance counseling before receiving any federal loan
disbursements. Entrance Counseling will be completed during
orientation week according to the following schedule:
August 20, 2007 1:00-2:00 PM and 2:00-3:00PM
August 21, 2007 8:00 PM - 8:45 PM Rm. 590
Update: Kent Scholarship Status for Continuing
Kent Scholarships for the 2007-2008 academic
year have been posted to all the accounts of all eligible
students. Please check your web for student account to find
out the amount that you were awarded. If there seems to
be a problem with your scholarship award please contact
the Office of Admissions.
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
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 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
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
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.
- 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