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.

Scholarships | Grants | Student Employment | Loans | Veterans Educational Benefits | University Employee Benefits

Grants

State Aid Grant Programs | Federal Aid Grant Programs

State Aid Grant Programs

Silas Purnell Illinois Incentive Grant

This scholarship is awarded by the State of Illinois to freshmen with a zero Expected Family Contribution (EFC). The amount awarded is determined by the State of Illinois .

MAP Grant

This need-based grant program is awarded only to undergraduate Illinois residents attending an Illinois college or university who demonstrate financial need. The MAP Grant award is determined by credit hours enrolled each semester. MAP can only be used for tuition and mandatory fees. Applicants must submit a FAFSA to the U.S. Department of Education, indicate Illinois as their state of legal residence, and select an eligible Illinois school as first school choice. The deadlines are as follows: August 15 for students who applied for MAP in the prior school year and September 30 for students who did not apply in the prior school year.

MAP Grant funds will be requested from the State of Illinois after the first day of each semester for students who have submitted proof of Illinois residency.  Map Grant awards will not be adjusted due to enrollment changes after the university’s add/drop deadline has passed.

Pennsylvania State Grant

The Office of Financial Aid receives nominations of students to receive this grant. This scholarship may be renewable. The Office of Financial Aid will credit the student’s account upon receipt of the scholarship check.

Pell Grant

Federal Pell Grants are awarded only to undergraduate students who have not earned a bachelor’s or professional degree. Pell Grants are awarded based on demonstrated financial need as defined by the U.S. Department of Education. The availability and amounts depend upon funding from the federal government. The data from the FAFSA or Renewal FAFSA must demonstrate eligibility and must be received by the IIT Office of Financial Aid before the last day of the student’s enrollment.

Federal Supplemental Educational Opportunity Grant (SEOG)

The SEOG is awarded only to undergraduate students who demonstrate exceptional financial need as determined by the U.S. Department of Education. IIT strongly encourages all students who wish to be considered for SEOG to submit the FAFSA to the U.S. Department of Education by the April 15 deadline. These funds are limited and awarded on a first come, first served basis.

The Robert C. Byrd Honors Scholarship

This scholarship program is administered by each state’s educational agency. Each state creates its own eligibility for this scholarship. Depending on availability of funds, scholarships may be renewed for up to $1,500 for four years of undergraduate study. Contact your state educational agency.

The Academic Competitiveness Grant (ACG)

This grant is designated for first- and second-year college students who graduated from high school after January 2006 or 2005, respectively. The intent of this program is to assist students who demonstrated academic ability and require financial aid to help pay for college.

First-year students

Eligibility requirements:

• Must be a U.S. citizen
• Must qualify for a Pell Grant
• Full-time student (enrolled for a minimum of 12 hours)
• Enrolled in a degree-granting program
• Complete a rigorous secondary-school program, as defined by the Secretary of Education after January 1, 2006.
• Must not have previously been enrolled in college.

The award for first-year students is $750.

Second-year students

Eligibility requirements for sophomores:

• Must be a U.S. citizen
• Must qualify for a Pell Grant
• Full-time student (enrolled for a minimum of 12 hours)
• Earned at least a 3.0 cumulative GPA your freshman year
• Completed a rigorous secondary-school program .

The award for second-year students is $1,300.

The National Science and Mathematics to Retain Talent (SMART) Grant

This grant is available for third- and fourth-year college students and will assist Pell eligible students who choose to study physical, life, or computer sciences; math; technology; engineering; or a foreign language that is considered critical to national security.

Eligibility requirements:

• Must be a U.S. citizen
• Must qualify for a Pell Grant
• Full-time student (enrolled for a minimum of 12 hours)
• Have a minimum Cumulative GPA of 3.0
• Enrolled in an approved field of study as defined by the U.S. Department of Education

The total award amount is $4,000.

For a list of eligible majors, click here.

top