Mapping Your Future: Online Counseling
Step 2 Contact Us

Stafford and Grad PLUS Exit Counseling

Illinois Institute of Technology, Downtown Campus in Chicago, IL

        Chicago-Kent College of Law: Home Page                   

 

Dear IIT Downtown Campus Student,

As a borrower of a Federal Stafford and/or Federal Graduate Plus Loan at the IIT Downtown Campus, federal regulations require that you complete student loan exit counseling. The purpose to this is to help ensure that you understand your rights, responsibilities, and obligations as a federal loan borrower.

All federal loan borrowers are required to complete an exit counseling session prior to graduation or when they cease to be enrolled at least half-time, as defined by the Registrar's Office. If you are withdrawing from the school you must complete a Withdrawal Form which is available at the Registrar's Office. This will impact your financial aid. You will enter your 6 month grace period on your Federal Stafford Loan and if you borrowed from the Federal Graduate Plus Loan it will go into repayment immediately.

Contact your loan servicer(s) for a deferment/forbearance, and other loan repayment options. If you have trouble making your loan payments, please contact your loan servicer(s) immediately.

To access your aggregate federal loan history and to find your loan servicer(s) log on to the National Student Loan Database System (NSLDS) at www.nslds.ed.gov using your FAFSA PIN.

If you have any questions please feel free to contact our office at:

  

Office of Financial Aid
IIT Downtown Campus
565 W. Adams St, Suite 230
Chicago, IL 60661
Tel: 312-906-5180
Fax: 312-906-5274
Email: finaid@kentlaw.edu (Law & LLM students)
Email: finaid@stuart.iit.edu (Stuart School & MPA students)
Website: http://www.kentlaw.edu/depts/finaid/
Office Hours: Monday-Thursday 8:30am-6pm, Friday 8:30am-4:30pm
  

 

 

 

 

 
MYF Disclaimer:

The information above is wholly the product of the school represented herein. Mapping Your Future, and its individual sponsoring members, do not guarantee or warrant the correctness, completeness, accuracy, or any other characteristic of this content and shall not be liable for any loss, damage, or cause of action arising out of the content.


Stafford & Grad PLUS Exit Counseling Session Instructions

Before You Start

  • Ensure you meet the browser and system requirements:
    • You must use at least Internet Explorer 6.0 or Mozilla Firefox 1.0. Get a browser now.
    • You can use any Internet service provider (ISP) to connect to the Internet; however, you should access this counseling session using one of the browsers above after you've connected. Do NOT use the ISP's browser, such as AOL or MSN--you won't be able to complete the student form at the end of the session!
    • You must enable JavaScript in your browser.

  • You will need about 30 minutes to complete this counseling session.

  • You will need the following information:
    • Your Social Security number
    • Your driver's license number
    • Name, address, telephone number, and employer for your next of kin
    • Names, addresses, telephone numbers, and employers for two references residing at different addresses
    • Name, address, and telephone number for your expected employer, if known

  • You might need the following information:
    • Name, address, telephone number, and employer for your spouse, if applicable
    • Name, address, telephone number, and employer for your parent

  • NOTE: Providing names and information for your spouse, parent, next of kin, and references does not obligate them to assist with repayment of your loan. Regulations require you provide this data so your loan holder can locate you, if, in the future, they have an invalid address or phone number.
  • The student loan calculator in this session will help you calculate your estimated monthly payment. If you aren't sure how much you'll borrow, you can ask your school for the average student loan indebtedness of borrowers at the school or in your program of study at the school.

What to Do

  • Read the content and answer the questions.
  • Fill out the student information form. Use the comment box for any comments or questions you have for your school.
  • Print the confirmation page that appears after you fill out the student information form or note your confirmation number for your records.

NOTE: Generally, the Back and Forward buttons on your browser will not work once you begin the counseling session.  Use the buttons within the counseling to navigate.

NOTICE: The information you provide for loan counseling may be disclosed to third parties, such as your lender, lender servicer, school servicer, subsequent loan holder, or guarantor, as authorized under routine uses in the appropriate system of records and as may be authorized or required by federal regulations.