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Office of Financial Aid

Office of Financial Aid home page
Week of February 1st, 2010

1098T Information

The Bursar’s Office mailed out 1098T forms last week. The 1098T a tax form that lists education expenses and financial aid. The form area also available at a central website that is accessible to all students.

Accessing Your 1098T Form Online

  1. Go to www.1098t.com.
  2. Click “Access My Record” (In the upper left hand corner of the screen).
  3. Enter your Social Security Number and Last Name. Leave PIN box blank .
  4. Enter verification information.
  5. Create a PIN number.
  6. Select “View My 1098T Form” (In the upper left hand corner of the screen).
  • If you are unable to locate your record using your social security number, select the option to access your record by school identification number. Enter your school identification number (if yours begins with an “A”, this must be included). Following the same steps as above, you will be assigned an alpha pin number and guided to your form.
  • Before selecting “View My 1098T Form” in the last step, be sure that the year 2009 is selected for viewing. Previous years may also be available using this tool.

  • Your 2009 1098T form lists education expenses and aid for the calendar year 2009. It therefore might differ from your financial records for the academic year.

Please contact the Bursars Office with questions:

Downtown Campus
bursar@kentlaw.edu
312-906-5160

Spring Semester Scholarship Status

Chicago Kent Full Tuition Scholars and Honors Scholars

Please be aware that full tuition and Honors scholarships for continuing students are initially based on your fall enrollment as of January 14th. All full tuition and honors scholarship awards for continuing students will be adjusted to actual enrollment after the last day to add and drop classes.

Kent Scholarships Awarded for Continuing Students

Kent Scholarships for the spring 2010 semester have been posted to the accounts of all eligible students.

If you have question about your scholarship eligibility or if there seems to be a problem with your scholarship award amount please contact the Office of Admissions at 312-906-5020.

Response Needed: Living Expense Budget Survey

The Office of Financial Aid is conducting its annual living expense budget survey. Te information obtained by this survey is used to help determine cost of attendance budget for the 2010-2011 academic year. You will receive an email form our office this week with the a link to the survey. Please complete the survey as soon as possible.

Update:Spring Disbursement Process: Step-by-Step

All loan funds, federal 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. Please be aware that the university now allows students the option of having their financial aid refunds direct deposited into their checking or savings account. Click here for more information on the new TouchNet service

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 312-906-5160

Spring 2010 Disbursement Schedule

Chicago-Kent Students

Disbursement: January 11, 2010

Stuart School Students

Disbursement: January 19, 2010

2010-2011 FAFSA Application Available

The 2010-2011 FAFSA application is available for completion. The priority deadline is April 15th. You can use this FAFSA on the web Worksheet to help with your FAFASA application. http://www.ifap.ed.gov/eannouncements/attachments/FOTWWorkshEn1011.pdf

Also distribution of 2010-2011 Renewal FAFSA Reminders Begins January 15, 2010. Students who are renewal-eligible for 2010-2011 and who qualify for reminders by January 11, 2010 will be sent Renewal Reminder notifications. Eligible students who provided e-mail addresses on their 2009-2010 records will receive 2010-2011 Renewal Reminder e-mails. Renewal-eligible students whose records do not have valid e-mail addresses, or whose Renewal Reminder e-mails are returned as undeliverable, will be mailed 2010-2011 Renewal Reminder letters, provided there is a deliverable mailing address.

Bank of America No Longer Offering Student Loans

Bank of America is longer originating federal student loans as of December18th, 2009. They are no longer accepting loan applications. Fortunately, there will be no disruption of spring loan disbursements for students whose federal student loans have already been processed. However, for the remainder of the academic year (spring and summer terms) if you need to increase an existing Bank of America federal student loan you will have to complete a master promissory note with a new lender.  

US Bank No Longer Offering Bar Loan

The Office of Financial Aid  recently received notification that US Bank is no longer offering  Bar Study Loans to students effective December 18th, 2009.

Using the myIIT Portal to view your Award

For information and instructions about logging into the myIIT portal to view your 2008-2009 financial aid award please click here.

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: http://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 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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