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.

Alumni Tuition Benefits for Graduate Students

Alumni Education Benefit (ALUMED)

Alumni of the university will be provided an Alumni Education Benefit equal to one-third of the cost of tuition for one course per semester for part-time graduate students. This benefit is renewable up to 30 credits. Additional credit hours beyond the one-course per semester are charged at the standard tuition charge. The semesters include the fall, spring and summer terms.

Important information:

You are ineligible for this scholarship if you are a student working on a thesis, special research project, or short course; a co-op student; a Kent student or in a certification program at the Rice campus.

Graduate Scholarship

Undergraduates who have earned their degree after January 1, 2007, and who are admitted to a full-time degree-seeking graduate program will receive a half-tuition scholarship up to a total of nine credits during the fall and spring terms.

In addition, recipients of the Graduate Scholarship must have earned an undergraduate GPA of at least 3.5 out of 4.0. This Graduate Scholarship is only applicable within the following graduate programs: Armour College of Engineering, the College of Architecture, the College of Science and Letters, or the Institute of Psychology; students must maintain full-time academic status and continue to meet satisfactory academic progress.

Important information:

To know if you are eligible for this benefit, please contact your academic department.

Alumni may be eligible for either this Graduate Scholarship OR the Dean's Fellowship, but not both. However, a department may award an alumnus another type of financial aid, such as a teaching or research assistantship.

All graduate students are encouraged to complete the FAFSA for the 2009-10 academic year by the April 15 priority deadline.

Effective 2 April 2009.

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

A list of resources available to international students is also available on the Undergraduate Admission website.