Looking for Info on IIT Financial Aid?

Hi there! Anyone enrolled at the Illinois Institute of Technology? I'm really considering applying, but I'm a bit worried about the expenses. Any leads or experience on their financial aid packages?

Sure, I can provide some first-hand insight. The Illinois Institute of Technology (IIT) has a robust financial aid program. Typically, their aid packages are quite comprehensive and can cover a significant portion of the cost for many students.

Eligibility for financial aid is need-based, the extent of which is determined through Free Application for Federal Student Aid (FAFSA) and CSS Profile forms. The FAFSA calculation now utilizes your Student Aid Index (SAI) instead of Expected Family Contribution. It's important to complete these forms accurately and submit them during the required deadlines to get the maximum benefits.

IIT influences merit-based aid too, which could offer you scholarships based on your high school GPA, test scores, and other achievements. Keep in mind that merit scholarships would not impact your eligibility for need-based aid, but they're factored into your financial aid package.

Additionally, work-study programs are also available to eligible students. These provide a way to earn money that can be used towards college expenses while gaining practical work experience.

Overall, a lot of students have expressed that IIT's financial aid program was helpful in making their education more affordable. Remember, financial aid packages can vary greatly based on each family's financial situation, so it's essential to use the net price calculator on IIT's website to estimate your expected aid package. It's an important step because it'll give you a decent sense of the actual cost for you to attend.

Lastly, make sure you have an open conversation with the financial aid office about your specific needs or if you have unique circumstances. They are always ready to help make your IIT education more affordable.