Tuition refund disbursement
The primary way to receive your financial aid refund is through direct deposit. You can enroll in direct deposit through your myIIT portal by following the Manage My Student Account link on the Finances tab. For more information on enrolling in direct deposit, or our refund policy, please visit our website: www.iit.edu/bursar.
1098-T tax forms
1098-T tax forms will be sent via mail by January 31. The mailed document will also contain instructions for accessing an electronic version. Please note that if your total reported scholarships, grants and outside resources equal or exceed your total qualified tuition expenses, you will not receive a 1098-T form. This is in compliance with federal guidelines. For more information about 1098-T forms, you can consult our website: www.iit.edu/bursar. For tax information, please consult a tax adviser.
How to receive your Perkins Loan
In order to receive your loan, you will have to complete paperwork, including a Master Promissory Note and Entrance Interview with ECSI, our institutional loan processor. To initiate this process, accept the award on the Finances tab of your myIIT portal as usual. You will be contacted by ECSI via e-mail with information on completing required paperwork. If you do not receive e-mail communication to your @kentlaw e-mail address, please check your @iit e-mail address on the welcome screen of your myIIT portal, as communications could be sent there.
If you have questions about your institutional loans, you can contact ECSI at 888.549.3274 or firstname.lastname@example.org. Please allow several days after accepting your award on the myIIT portal before contacting ESCI to ensure they have your information on file.