Types of Assistance

Financial aid is the total of grants, scholarships, Federal Work Study, loans and other resources for which students may be eligible. The financial aid process begins when a student completes and submits the Free Application for Federal Student Aid (FAFSA) for each award year. At IIT, the Office of Financial Aid manages the financial aid process for all undergraduate students.

Financial aid funds are generally credited directly to your tuition account. However, financial aid funds cannot be credited to your account until promissory notes are signed, entrance interviews are completed, and federal verification documents are submitted, if necessary.

The Office of Financial Aid administers a comprehensive program that includes loans and work-study. The financial aid process begins when a student completes and submits the Free Application for Federal Student Aid (FAFSA) for each award year. At IIT, the Office of Financial Aid manages the financial aid process for graduate students, except MBA and Law school students.

All federal programs require students to be in attendance at least halftime (minimum of 4.5 hours) and be admitted to a degree program.

Types of financial aid for international students include scholarships, student employement, and private loans.