myIIT Portal

    Office of Financial Aid

    Perlstein Hall, 206
    10 W 33rd Street
    Chicago, IL 60616

    Phone: 312.567.7219
    Toll Free: 866.901.1866
    Fax: 312.567.3982
    Email: finaid@iit.edu

    Office Hours:
    M-F 8:30 AM - 5PM

    Counseling Hours:
    12 PM - 3PM daily

    Undergraduate Scholarship Policy and Guidelines

    IIT scholarships are awarded through the admissions process. The Office of Financial Aid only applies the qualifying scholarships to a student's financial aid package and then amends awards to ensure a student maintains federal guidelines for need and budget calculations.

    IIT Office of Financial Aid policy regarding the FAFSA application and use of the following federal and state grant programs with institutional aid:

    • IL MAP Grant - If a student is receiving an IL MAP Grant combined with IIT scholarships or tuition remission, the total combined funds received cannot exceed tuition and mandatory fees. IIT scholarships will be adjusted to accommodate the tuition and mandatory fees on the student account, minus the IL Map Grant allotment.

    • Federal Pell and SEOG Grants - A student can use both the Federal Pell and SEOG grants to cover educational expenses, including room and board charges, but combined institutional aid and federal aid must not exceed the cost of attendance.
      • IIT room and board scholarship funding policy: If a student is a recipient of an IIT room and board scholarship (which includes but is not limited to ROTC R&B, Athletic R&B, or Duchossois R&B), the Federal Pell and/or SEOG grants will be used in combination with the awarded room and board scholarship to cover the room and board expenses charged on the student account.

    Institutional Scholarship Replacement Policy

    In the event an undergraduate student is awarded full tuition funding, the original institutional scholarships awarded by Undergraduate Admissions will be replaced with the new funding. Undergraduate scholarships which replace original awards include, but are not limited to, the following:

    • IIT Camras Scholarship
    • IIT Collens Scholarship
    • IIT Crown Scholarship
    • IIT Duchossois Leadership Scholarship
    • IIT ROTC Scholarships (click here for additional policy for these awards)
    • IIT Presidential Scholarship
    • IIT Tuition Exchange
    • IIT Tuition Remission (additional policy affects this scholarship, view the policy)
    • IIT Yellow Ribbon/VA applicants

    Institutional Scholarship Error Policy

    The Office of Financial Aid works diligently to award students the correct scholarship amounts, especially for students who have pro-rated scholarships, return from leave, or are reinstated to the university. In the event a student identifies the institutional scholarship amount awarded is incorrect, the Office of Financial Aid will correct any inconsistencies, providing the Office receives notification by the end of the semester in question. Failure to report an institutional scholarship inconsistency/error during the semester in question will prevent any changes from being made to the previous enrollment terms and the balance which results is the responsibility of the student.

    Miscellaneous Department Scholarship Awards

    As of January 2008, all undergraduate scholarships, need and merit-based, provided to the university by its donors will be managed and awarded by the Office of Financial Aid. These changes were implemented to create a more efficient awarding process for better use of university resources, efficient reporting, and improved stewardship.

    Students may be awarded by their academic department. Although the department will recognize you as the scholarship recipient and ask that you write a thank you letter to the donor who provided the funds to the university, the scholarship will not be awarded on top of your current IIT scholarship award. This scholarship matching process allows the university to award students institutional scholarships, including but not limited, the Heald, University, Collens and Camras prior to receiving donations to support those scholarships.

    Please note that following list is representative of these awards but does not represent the comprehensive list of scholarships governed by this policy.

    Examples of Departmental Scholarship Awards include, but are not limited to, the following:

    Venema Scholarship
    Samuel Horowitz Scholarship
    Black Memorial Scholarship
    Johnson & Lee Scholarship
    Vitale Scholarship
    Leadership Edge/Motorola Scholarship
    Goldstein Engineering Scholarship
    Knauss Engineering Scholarship
    Small Scholarship

    Additional questions regarding the terms and conditions of a specific departmental or university undergraduate scholarship awarded to a student may be directed to Abby McGrath, Director of Financial Aid, at acmgrath1@iit.edu.

    Last modified: 03/20/2014 16:10:06

    © Illinois Institute of Technology - Office of Financial Aid   312.567.7219   866.901.1866
    3300 South Federal Street, Room 104, Chicago, IL 60616   Emergency Information