myIIT Portal

    Office of Financial Aid

    IIT Tower, 2C8-1
    10 W 35th Street
    Chicago, IL 60616

    Phone: 312.567.7219
    Fax: 312.567.3982
    eMail: finaid@iit.edu

    Tuition Remission and Tuition Exchange Scholarship Revision Policy

    Employees and eligible dependents can take advantage of tuition remission the semester after the employee’s start date. Full-time employees may take a maximum of nine credit hours per semester (six credit hours in the summer) for a full tuition waiver, while dependent children and spouses/eligible same-sex domestic partners receive a full tuition waiver for undergraduate study and a 50-percent tuition waiver for graduate work.

    Tuition Remission  and Tuition Exchange Scholarship Revision Policy

    • Eligible employees and/or dependents who receive tuition remission or tuition exchange are not eligible for any original institutional scholarship offers.
    • If tuition remission is processed, original institutional awards will be canceled on the student account and tuition remission will replace those awards.
    • Students awarded an IIT Housing Scholarship or IIT Room and Board Scholarship will also have this scholarship canceled on the student account.
    • Tuition remission forms need to be submitted to Human Resources every semester.
    • In the event tuition remission is no longer available, i.e. the employee applying for the benefit is no longer employed at IIT, original scholarships will be reinstated to the student account for the amount they received through the Admission process.
    • Veteran Benefits and Tuition Remission/Exchange – Combined VA benefits combined with tuition remission benefits cannot exceed the cost of tuition and fees.
      • Students who are eligible for 100% Yellow Ribbon benefits will NOT be eligible for tuition remission.
      • Students who qualify for benefits less than 100% will be eligible to receive the full VA benefit portion. The portion not covered by VA benefits can then be covered through tuition remission.
    If you have questions about this policy, you may contact the Office of Financial Aid directly at any time. The full HR policy related to processing tuition remission benefits can be found on the work tab in MyIIT, by accessing the Human Resources portal page.

     

    Last modified: 02/12/2013 14:23:05

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