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Office of Financial Aid
150 W. University Blvd.
Melbourne, FL 32901
24/7 Message Line:
(800) 666-4348
Phone: (321) 674-8070
Fax: (321) 724-2778
E-mail: finaid@fit.edu

The Office of Financial Aid is available to assist students and their families to identify sources of financial aid, obtain application information and complete the application process. Our goal is to help provide you with the means to finance your Florida Tech education.

Important Announcements and Financial Aid Calendar

FL Tech Time Payment Plans enable you to spread out your payments for tuition and fees -- see the 2008-2009 flyer for undergraduates or for graduate students

New and returning Students with their first Federal loan at FL Tech need to make decisions about their Federal loans and advise the Financial Aid Office (FAO):

Perkins Loans are automatically accepted for the student.   The first scheduled disbursement temporarily appears as a Pending payment on your student account, but the loan will not disburse unless you also e-sign the FL Tech Perkins Master Promissory Note.  If you wish to decline your Perkins Loan, email the FAO.

Stafford Loans never appear on your student account until after you accept the loan, select your choice of lender and complete a Master Promissory Note (MPN).  You will also need to complete an Entrance Interview before the loan will be paid into your FL Tech student account.  More information about this process for new and returning students is availalbe on our web site -- see Stafford Loans.

If you just notified our office directly that you selected one of the lenders on our list, you can complete your remaining requirements online by clicking on the following llinks: 

--  Stafford Master Promissory Note

--   Entrance Interview

If you select a lender that is not on our lender list, that lender will tell you how to sign their Promissory Note, but you will still need to satisfy your FL Tech Entrance Interview requirement.  You may do so by clicking on Entrance Interview and logging on at the USAFunds sponsored website. 

Spring Graduates with Stafford loans, complete the Stafford Exit Interview online.  You may also need to complete a Federal Perkins Loan Exit Interview; however, the Perkins Exit Record -- which enables you to logon to the Perkins Loan Exit Interview website -- is not created until the list of actual graduating students can be confirmed, normally two to three weeks after graduation. Consequently, if you want to complete the Perkins Exit Interview early, simply email the FAO with your request so the necessary website record can be created for you. 

2007-2008 Academic and Financial Aid Year

Spring Term:

  • March 3-7     Spring Break - Melbourne Campus
  • March 11      University Alliance: scheduled disbursement for Spring Term 2
  • Mar - Apr      Spring Graduates with federal loans: complete Exit Interview
  • May 3            Spring Commencement
  • May 7            Satisfactory Academic Progress posting - Melbourne Campus

Summer Term:

  • Jan - May     University Alliance: Complete the 2008-2009 FAFSA for Summer Term 2 that begins July 7, 2008
  • Mar - May    Melbourne Campus: Register for classes and email finaid@fit.edu to request Summer Semester Financial Aid
  • May 13         University Alliance: scheduled disbursement for Summer Term 1
  • May 7           Scheduled disbursement for SummerSemester loans
  • July 15         University Alliance: scheduled disbursement for Summer Term 2
  • Jul - Aug     Summer Graduates with federal loans: complete Exit Interview
  • May 7           Satisfactory Academic Progress posting - Melbourne Campus

2008-2009 Academic and Financial Aid Year

Pre-Fall Dates and Deadlines:

  • January 2    First day to file the 2008-2009 FAFSA for Fall Semester
  • March 1       Award Letters begin to be mailed to new students
  • Apr - Jul      New Melbourne Campus students - Complete Panther Pass
  • Jul - Aug     New Perkins Loan borrowers sign E-Promissory Note
  • July 23         Time Payment Plan - Enrol in 10 month plan with 10% down
  • August 11   Fall tuition/fees due to the Bursar's Office
  • Aug 12-17    Fall Orientattion and Check In for new students
  • August 18   First day of Fall classes

View the Full Financial Aid Calendar

 
Florida Tech complies with federal statues requiring that students be enrolled in a degree-seeking program and maintain satisfactory academic progress each semester in order to continue receiving financial aid.
Undergraduate Students
Financial aid is typically awarded as a package that consists of scholarships, grants, loans and work. Award offers can only be made to students who are accepted for admission to the university ... More Information
 
Special Undergraduate Awards for Florida State Residents
Students who qualify as a Florida Bright Futures Scholar will now receive a minimum of $10,000 in grants and scholarships toward their tuition. Depending on their need for assistance, students may qualify for a combination of grants and scholarships that approximate full tuition at Florida Tech ... More Information
 
Graduate Students
Financial aid for graduate students may consist of department assistantships and federal and private loans. Eligibility for federal loans is based on the student's income, assets and status of citizenship according to information the student submits on the FAFSA ... More Information

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