Office of Financial Aid
3300 S. Federal St.
Main Building, Rm 104
Chicago, IL 60616
Phone: 312.567.7219
Fax: 312.567.3982
eMail: finaid@iit.edu
Welcome
We recognize paying for a high-quality education is a primary concern for students and their families. We also know that an IIT education is an investment that will pay out a lifetime of rewards.
That's why financial aid is such an important part of what we do at IIT. We work hard to bring the cost of an IIT education within reach of anyone with the talent and desire to be here. More than 97 percent of IIT students receive some form of financial assistance — from scholarships, loans, work-study, or a combination of these resources.
Are you a prospective student wondering where to begin?
First steps to financial aid...
Looking to apply for scholarships?
...or visit Galvin Library to see what sorts of resources they offer.
Important Information
Complete the FAFSA
- FAFSA Help
- School Code: 001691
Follow the Path of Your Refund Check (PDF)
Interested in IIT's Book Voucher Program?
Steps for Income Tuition Voucher Funding Process (PDF)
News
New Income-Based Repayment Plan Now Available!
Effective July 1, 2009, borrowers may enroll in a new income-based repayment plan designed to make federal student loan payments more affordable. This program is especially helpful to borrowers with high student loan debt and low earnings, as the program utilizes a calculation that caps the total repayment amount based on family size and income.
Under this new program, after 25 years of qualifying payments, any remaining student loan debt will be forgiven. Additionally, if you hold an eligible public service position, any remaining student loan debt will be forgiven after 10 years of qualifying payments and continuous public service.
To find out more information, please go to www.ibrinfo.org. To enroll in income-based repayment, please contact your lender.
Updated 07.13.09
Kelly Engineering Resources
Kelly Engineering Resources — specializing in engineering recruiting and career placement — announces its seventh annual Future Engineers Scholarship Program. Through this national program, engineering students have the opportunity to compete for a $5,000 scholarship based on academic performance and a written essay. The application deadline is October 15, 2009, and scholarship funds will be awarded in January 2010 to be used toward eligible expense for tuition, fees, books, and room and board.
Further information can be found on our Private Scholarships page under "Other Scholarship Resources."
Updated 03.27.09
Reminders
Do you still have a balance?
Find out what you need to do.
Updated 11.17.08
Upperclass Students:
If you plan on applying for the Stafford, Parent PLUS or Graduate PLUS loan for the 2008-2009 academic year, you must accept these loans via myIIT or complete the appropriate loan request form before any funds will be disbursed to you. Please do this as soon as possible to avoid any late fees.
Updated 09.02.08