myIIT Portal

    Office of Financial Aid

    Perlstein Hall, 206
    10 W 33rd Street
    Chicago, IL 60616

    Phone: 312.567.7219
    Toll Free: 866.901.1866
    Fax: 312.567.3982
    Email: finaid@iit.edu

    Office Hours:
    M-F 8:30 AM - 5PM

    Counseling Hours:
    12 PM - 3PM daily

    MAP Grant Email

    The following email was sent to all students who have been awarded a MAP grant.

    IMPORTANT: Illinois Monetary Award Program (MAP) Update


    Dear Student and Family:

    As a resident of Illinois and a student who has been awarded the Illinois Monetary Award Program (MAP) Grant as part of your overall financial aid package at Illinois Institute of Technology, you may be aware of the recent debate regarding the State of Illinois budget and the current state budget plan to reduce MAP funding. This unfortunate state of affairs will affect every college and university in the state of Illinois eligible to receive MAP funds.

    The fiscal year 2010 (FY2010) budget that was agreed upon by the governor and state legislators significantly reduces the amount of funds available for 2009-10 MAP awards. As a result, eligible students will receive one-half of the annual award that was announced at start-up.

    How This Affects Your Financial Aid

    Our current records for your financial aid package at IIT indicate that you are scheduled to receive an award from MAP for the 2009-2010 academic year at Illinois Institute of Technology. At this time, you will receive a MAP grant in the amount of $165.60 per credit hour for up to 15 credit hours, which will be allocated for the fall semester. The MAP grant program is not funded for Spring 2010. The State of Illinois will also fund the Silas Purnell Illinois Incentive for Access (IIA) Grant for the fall semester, but will not fund the program for Spring 2010.

    Looking ahead to the Spring 2010 semester, the Office of Financial Aid will work closely with you to find other sources of funds to support your tuition and related expenses at the university. Unfortunately, Illinois Institute of Technology may not be in a position to replace all of the lost MAP grant funds for the close to 550 IIT students who are MAP recipients. However, IIT remains committed to working with every family to find ways to make IIT affordable. This may include additional IIT grant aid, but also would include additional family contributions and/or additional educational loans.


    We would like to let you know that our Paul V. Galvin Library — in cooperation with the Office of Financial Aid — has more than 20 new, updated editions of essential financial aid resources for students, which can be accessed in the reference collection located in the upper level of the library. Find out more about these resources by going here [PDF].

    If you have any further questions regarding financial aid, please contact the Office of Financial Aid at finaid@iit.edu or 312.567.7219. Alternatively, you may always visit us on the first floor (Room 104) of Main Building at 3300 South Federal Street. We are always pleased to meet with you to review and discuss your financial aid package at IIT.

    IIT Remains Committed to You

    On behalf of President Anderson and Provost Cramb, we want to assure you that Illinois Institute of Technology remains committed to making your education at IIT accessible and affordable. As a university, we are working with our representatives within the state of Illinois to advocate on behalf of IIT students — and students throughout the state — to ensure that extraordinary young men and women are provided access to the education that IIT has offered to students for nearly 125 years. We have known both good and challenging financial times throughout our history, and what has remained consistent has been IIT's commitment to providing a world-class education that is accessible to the next generation of architects, engineers, entrepreneurs, health professionals, scientists and many others. We are working hard for you.

    If you have any additional questions about any other aspect of your plans to enroll at Illinois Institute of Technology in the fall, you may contact me directly at doyle@iit.edu or 312.567.3025, or contact Mike Gosz, Vice Provost for Undergraduate Affairs, at gosz@iit.edu or 312.567.3198.

    Sincerely,

    Gerald P. Doyle
    Vice Provost
    Undergraduate Admission and Financial Aid

    P.S. Use the links found below to find your local legislators. Contact them directly to let them know how you feel about the reduction in MAP funding.

    Additional Resources and Links:

    About MAP
    The Monetary Award Program (MAP) is the state's largest need-based aid program. About half of its recipients come from families with no resources to pay for college. Each year more than 150,000 Illinois students are able to attend private and public colleges and universities due to the state's provision of $380 million in MAP grants. Reducing these funds will force many students out of school, and many others will be scrambling to obtain high cost private loans in a very difficult credit market.

    2009-10 MAP Awards
    Important Message from the Illinois Student Assistance Commission (ISAC) to Students Regarding 2009-10 MAP Grant Funding (PDF):
    http://collegezone.com/media/V2__FY2010_MAP_Budget_Alert_Part_2.pdf

    Find your legislator:
    http://www.elections.il.gov/DistrictLocator/SelectSearchType.aspx?NavLink=1

    Illinois Student Assistance Commission:
    http://www.collegezone.com/index.htm

    Federation of Independent Illinois Colleges & Universities — Quick Email to Legislators Form:
    http://capwiz.com/naicu/il/issues/alert/?alertid=13574196&PROCESS=Take+Action

    Last modified: 03/22/2011 03:17:51

    © Illinois Institute of Technology - Office of Financial Aid   312.567.7219   866.901.1866
    3300 South Federal Street, Room 104, Chicago, IL 60616   Emergency Information