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Office of Financial Aid

Office of Financial Aid home page

Week of March 12, 2012

Reminder to Spring Graduates

This is a friendly reminder that you must complete the Federal Loan Exit Counseling Online to finalize the Federal Loan Exit Counseling process for the Federal Stafford and Federal Plus Loan. You have already attended the in person group workshop, but you still must complete the Loan Exit Counseling Online.

Please complete the Loan Counseling Exit Counseling Online for the Federal Stafford and Federal Plus Loan via the National Student Loan Database website: www.nslds.ed.gov. Click “Financial Aid Review” to begin the process and use your FAFSA Personal Identification Number (PIN) to sign in. Select Illinois Institute of Technology, Downtown Campus (001691-01) as your school. The website will take you through the process a section at a time with questions to answer after each section. Once the online session is complete, electronic confirmation will be sent to our office fulfilling your Federal Loan Exit Counseling requirement for the Stafford and Plus Loan. 

Also, if you have not received your personal loan portfolio, please stop by the Office of Financial Aid to pick it up, you will need to show an ID. It lists all your loan records at Illinois Institute of Technology’s Downtown Campus. This is just an estimated amount and does not reflect any payments made toward your loans. To view more detailed information regarding your loans including lender and servicer names, outstanding balance, and interest accrued for your loans, please log on to the National Student Loan Database System at www.nslds.ed.gov. If the total loan aggregates listed are inconsistent with your records please contact your loan servicer(s) to review your personal loan records.  

If you have been awarded a Perkins loan or other Institutional loan, you will be contacted by our third party servicer ECSI to complete an exit interview. ECSI will contact you at your @kentlaw.edu email address to complete the exit interview. If you do not complete the exit interview within 30 days, the documents will be mailed. If you have changed addresses since you first accepted your loans, please update your contact information with ECSI to be sure that you receive all communications.

ECSI Customer Service Information:                                                      
181 Montour Run Road  
Coraopolis, PA 15108
1-888-549-3274 (p)
1-866-291-5384 (f)
webcservice@ecsi.net
www.ecsi.net 

If you do not have access to the internet, please contact the Office of Financial Aid for alternative means of completing the Federal Stafford and Plus Loan Exit Counseling Requirement.

2012-2013 FAFSA Reminder

In order to qualify for financial aid for the 2012-2013 academic year, you must complete the 2012-2013 Free Application for Federal Student Aid (FAFSA).

You can complete your FAFSA online at http://www.fafsa.ed.gov. In order to apply you will need your Personal Identification Number (PIN). Please remember to include our school code, E00773, when completing your FAFSA and keep in mind that the school name will be listed as Chicago-Kent College of Law.

If you will not be attending Illinois Institute of Technology Downtown Campus for the 2012-2013 academic year, or you are not interested in applying for federal financial aid, please disregard this reminder.

If you have any questions please call the Office of Financial Aid at (312) 906-5180, or send an email to finaid@kentlaw.edu.

Planning to Study Abroad or Visti Another school during the Summer 2012 term?

If you plan to participate in one of Chicago-Kent's Study Abroad Programs during the Summer 2012 semester and require financial aid, please email the Office of Financial Aid and let us know as soon as possible. The financial aid process for the study abroad program can take 4 to 6 weeks. Please list the study abroad program name when you send your email. finaid@kentlaw.edu.

Missing Required Documentation

To avoid delays, please submit any requested documentation as soon as possible.
Please follow the steps below to see if you still have missing requirements:

  1. Log into the Illinois Institute of Technology's myIIT portal at the following link: https://my.iit.edu/.
  2. Select the 'Finances' tab from the menu.
  3. Required documents are listed in the Financial Aid Requirements channel.

You may download some of the required forms and links to promissory notes on our website at: http://www.kentlaw.edu/depts/finaid/DLforms.html.

Once you complete your Master Promissory Notes (not loan application) and Entrance Counseling via the Department of Education's website, it may take up to 2 weeks for your required document status on the myIIT portal to reflect this. If it has been over 2 weeks since your completion of a Promissory Note or Entrance Counseling and your documents status on myIIT is still showing not received, please contact our office.

If you were awarded the Perkins Loan this academic year 2011-2012, please check your Kent email (or your IIT e-mail address on the welcome screen of your myIIT portal, as communications could be sent there), for information from the IIT Perkins Loan servicer, ECSI, on completing the Promissory Note and Entrance Counseling. Students that competed this requirement last academic year 2010-2011 are not required to complete this requirement again. This maybe marked as spam in your mailbox, but it is not. You will not be able to complete the promissory note online if ECSI does not have your information on file that is why we ask that you wait until you receive an email notification. However, if mid-August has past and you have not completed this requirement, please contact ECSI directly at 1-888-549-3274 and state that you are attending the IIT Downtown Campus. Also, for more information see the Bursar's Office website at:

http://www.iit.edu/bursar/institutional_and_perkins_loans.shtml

Reminder: Direct Deposit Available

Please be aware that the university allows students the option of having their financial aid refunds direct deposited into their checking or savings account. The university encourages all student to sign up for direct deposit. Click here for more information on the new TouchNet service.

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. Unfortunately, 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. Once you are approved, the lender will contact our office to certify your loan. The funds will be disbursed directly to you from the lender.

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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