µç³µÎÞÂë

File Your FAFSA Form (ASAP)

• File your Free Application for 2024-2025 Federal Student Aid (FAFSA) using school code 001691. Illinois residents are encouraged to complete the FAFSA as early as possible to be considered for state aid.

Beginning in April

Receive your financial aid offer 

• You will receive a link to view your interactive digital award offer via your student hawk email.
• You will also be able to view your financial aid offer through your Financial Aid Dashboard of your .

June

• Submit all outstanding documentation to the Office of Financial Aid for the upcoming year. View Document Submission for more information.
• Establish a payment plan with the Student Accounting Office.
• If you are considering borrowing a Private Loan to assist with your educational expenses, complete this process now.

July

• Accept your federal loans if you will be utilizing them to assist with your educational expenses.
• Complete Master Promissory Note(s) and Entrance Counseling for federal loans at studentaid.gov.
• Add an Authorized User to your online student account so that they may view your financial account information and make payments on your behalf.
• Grant a third-party (i.e parent, spouse, etc.) permission to access your financial records by completing a . Starting the first day of class, you will be the sole owner of your financial information and the staff will only be able to provide general information to others unless a FERPA release is on file with the university. Learn more about Illinois Tech’s FERPA Policy.

August

• Complete Title IV Authorization Form with the Office of Student. This form allows Illinois Tech to apply financial aid to non-mandatory fees such as health insurance, parking fees, graduation fee and late fees.
• Pay your student bill before the deadline. Fall courses begin on August 19. Institutional scholarships and federal financial aid disburse to your account. Payments can be made through the portal, in the TouchNet system.
• Be sure to make any course schedule changes by August 31. If you do not drop courses properly with the Registrar’s Office, you will be charged!

September

• Check financial aid disbursement in your portal. If all aid is not disbursed, but all requirements are satisfied, please contact the Office of Financial Aid.

Financial Aid Resources

The Office of Financial Aid is dedicated to assisting students through their financial journey. For more information and resources, please visit the financial aid undergraduate student resources webpage.

International Financial Documentation Requirement

You must demonstrate that you or your sponsor have available finances to meet the educational and living expenses while you are a student at Illinois Tech.

* Minimum dollar amount may vary based on any merit-based scholarships awarded.

To fulfill this requirement, you must:

• Complete the
• Submit Proof of Funds which may be in the form of a bank letter bearing the bank’s seal and signature or a bank statement of financial transactions stating that funds are readily available.

It is important to remember the following things when submitting your Financial Affidavit of Responsibility form:

• Acceptable sources of funding may include checking and savings accounts, loan letters, government sponsorship, fixed deposits, investment portfolio or stocks with liquid funds, bonds with a maturity date before the start of the semester, and business accounts (additional documentation of business registration). Unacceptable sources include salary verification letters, pay stubs, tax return forms, insurance policies and real estate or property holdings. Any financial document that does not show a currently available balance (liquid funds) will not be acceptable.
• If you are submitting proof of financing in an account that is not in your own name, you will need to have your sponsor complete the Sponsor Certification Section of the Financial Affidavit of Responsibility form.
• You may submit bank statements from two or more sponsors. However, each sponsor must complete the Sponsor Certification Section of the Financial Affidavit of Responsibility form.
• The bank statement you provide must clearly show the currency of the funds in the account.
• Your Financial Affidavit of Responsibility Form and Proof of Funds can be uploaded once you have received your admission decision and paid your enrollment deposit fee. Please note that this information is required to issue the Immigration and Customs Enforcement (ICE) form I-20 or DS-2019, which you will use to obtain an F1 or J-1 visa.

June

• Establish a payment plan with the Student Accounting Office.
• If you are considering borrowing a Private Loan to assist with your educational expenses, complete this process now.

July

• Add an Authorized User to your online student account so that they may view your financial account information and make payments on your behalf.
• Grant a third-party (i.e parent, spouse, etc.) permission to access your financial records by completing a . Starting the first day of class, you will be the sole owner of your financial information and the staff will only be able to provide general information to others unless a FERPA release is on file with the university. Learn more about Illinois Tech’s FERPA Policy.

August

• Pay your student bill before the deadline. Fall courses begin on August 19. Institutional scholarships and federal financial aid disburse to your account. Payments can be made through the portal, in the TouchNet system.
• Be sure to make any course schedule changes by August 31. If you do not drop courses properly with the Registrar’s Office, you will be charged!

Financial Aid Resources

The Office of Financial Aid is dedicated to assisting students through their financial journey. For more information and resources, please visit the financial aid international student resources webpage.