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Office of Financial Aid

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Week of February 14, 2011

Response Needed: Living Expense Budget Survey

The Office of Financial Aid is conducting its annual living expense budget survey. The information obtained by this survey is used to help determine the cost of attendance budget for the 2011-2012 academic year. Student Services has emailed a link to the survey to the student body. Please complete the survey as soon as possible.

Update: Spring Semester Scholarship Status

Chicago-Kent Full Tuition Scholars and Honors Scholars

All full tuition and Honors scholarships for continuing students have been updated to reflect final enrollment.

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.

Stuart Flat Rate Scholarships

Flat Rate Stuart scholarships have been posted to all eligible students accounts. If you have questions about your scholarship eligibility please contact the Office of Admissions.

Stuart Percentage Scholarships

Percentage scholarships will be posted for all students after the drop-add date. If you have questions about your scholarship eligibility please contact the Office of Admissions

Spring 2011 Disbursement Schedule

All loan funds, federal and private, are sent directly to the school according to the disbursement schedule listed below.

Chicago-Kent Students

Disbursement: January 10, 2011

Stuart School Students

Disbursement: January 10, 2011

Spring Disbursement Process: Step-by-Step

  1. We must verify that you are eligible to receive the funds. This process can take 1-3 business days. When the funds are released 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.
  2. If a credit balance exists after the funds have been credited, the Bursar's Office generates a refund direct deosit or check for you. Please contact the Bursars for detail instructions on how to sign up for direct deposit.
  3. 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.

If you have any questions regarding the financial aid funds that have been credited to your account, please contact the Office of Financial Aid.

Attention Fall Graduates: Federal Loan Exit Counseling

Congratulations on your up coming graduation! Federal regulations require that all students who have borrowed Federal Stafford Loans while attending the IIT Downtown Campus complete federal loan exit counseling. Please follow the link and complete the online Federal Loan Exit Counseling Session.

If you would like to see the aggregate loan totals, lender contact info, and interest rate information please follow the link and login to the National Student Loan Database System.  All you need to log in is your FAFSA pin number.

Bar Study Loan Information

Bar Examination loans are intended to assist students in paying for bar preparation courses and meeting other financial needs while studying for the Bar Exam.

Students may submit the application for the Bar Exam Loan funds during their last year before graduation. The terms, conditions and credit criteria for Bar Examination Loans are similar to those for alternative loan programs. Unfortunatley, students with negative credit ratings are generally not eligible for Bar Exam loans.

To apply for a Bar Examination Loan, review the Bar Loan Comparison Chart, select one of the lenders, and complete their on-line application.

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, Wednesday, Thursday ~ 8:30 a.m. to 6:00 p.m.

Tuesday ~ 8:30 a.m. to 7:00 p.m.

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

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


 

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