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

Scholarships

University Scholarships | Private Scholarships | Merit Recognition Scholarships | ROTC

University Scholarships

Scholarship eligibility is highly competitive and is determined by evaluating the academic data provided by the Undergraduate Admissions Office and financial data obtained from the FAFSA. The Office of Financial Aid administers renewals of the awards. Unless otherwise noted, these scholarships are renewable for four years and apply only to undergraduate students who maintain full-time status. Students are not eligible for renewal of their IIT scholarships while participating in a co-op program. All IIT scholarships require satisfactory academic progress and most have additional academic requirements. Students may check their award letter for more specific details regarding scholarships awarded.

Private Scholarships

Students are encouraged to apply for scholarships from outside sources. If a student is awarded a private scholarship, the Office of Financial Aid will credit the student’s account upon receipt of the funds. The Office of Financial Aid provides a Private Scholarship Search tool to help you identify potential scholarship opportunities. Upon receipt of the scholarship check, the Office of Financial Aid will credit the student’s account. Please note that under no circumstances can a student’s need be exceeded if the student is receiving need-based funds. If this scholarship causes an over-award situation in need and/or cost of attendance, the Office of Financial Aid will contact the scholarship agency for a final decision.

Merit Recognition Scholarship

This scholarship is awarded by the State of Illinois in observance of a student’s academic achievement. Students must rank in the top 5 percent of their graduating class in order to qualify. This scholarship is a one-time payment of $1,000.

ROTC Scholarships

Navy, airforce, and army scholarships are available to incoming freshmen as well as current college students. To learn more, visit the ROTC scholarship page.

top