In order to be considered for grants and loans, students should complete the Free Application for Federal Student Aid (FAFSA).
Undergraduate students who demonstrate financial need can be awarded state or federal grants. Grants do not have to be repaid. Grant eligibility is determined annually based on your Expected Family Contribution.
Undergraduate and graduate students may apply for loans.
Federal Pell Grants are awarded to undergraduate students with financial need as demonstrated by the FAFSA. The amount of this award varies based on a student’s Expected Family Contribution (EFC). Since this award is a grant, it does not need to be repaid.
Eligibility
Students with a qualifying EFC can use the Federal Pell Grant each semester for six total years. For more information, please review the information available at studentaid.gov.
Disbursement Information
Federal grants will automatically disburse to your account on the first day of class.
Illinois Tech awards a $2,000 federal Supplemental Education Opportunity Grant to students with exceptional financial need as determined by the FAFSA. Since this award is a grant, it does not need to be repaid.
Eligibility
This award is offered only to Federal Pell Grant recipients. Funds are limited and awarded on a first-come, first-served basis.
Disbursement Information
Federal grants will automatically disburse to your account on the first day of class.
The MAP Grant is awarded to Illinois residents with demonstrated financial need as determined by the FAFSA. The value of a student’s MAP Grant award is determined by a student’s enrollment. Students enrolled in 15-plus credit hours will be offered the full value of their MAP Grant. For every credit hour under 15, the State of Illinois will deduct $162.30 from a student’s award. The MAP Grant can be used to cover only tuition and mandatory fees.
Eligibility
The Illinois Student Assistance Commission (ISAC) is the state agency in charge of determining eligibility. ISAC establishes a MAP Grant FAFSA filing date on an annual basis. Students who file their FAFSA after this filing date will not be eligible for the MAP Grant. Illinois Tech encourages students to complete their FAFSA as soon as the application opens in order to maintain MAP Grant eligibility. Please review the ISAC website for detailed eligibility information. For deadline information visit the Important Dates section of the Office of Financial Aid website.
Disbursement Information
The MAP Grant is contingent on appropriation from Illinois lawmakers and will disburse to your account once the state has approved funding. For reference, the State of Illinois will pay the university on your behalf based on the number of undergraduate credit hours in which you are enrolled. Credit hours from graduate courses (all law classes and 500-plus-level courses) do not count toward the calculation of MAP eligibility. Disbursement of funds will occur following the semester add/drop date.
Click the applicable link to learn more about loans you may see on your financial aid award: