Close Menu

Financial Aid Compliance

IIT'S COMMITTMENT TO COMPLIANCE

IIT is committed to ensuring that the institution complies with regulations set forth under the Title IV 1998 Higher Education Amendments Act. Compliance is a campus wide responsibility. Maintaining compliance requires ongoing communication with and coordination of the entire university. Furthermore, our institution must keep up-to-date with current regulations and implementation deadlines. Key offices must be aware of current Title IV regulations and how their office’s policy and procedures may affect administration and compliance. By keeping these simple concepts in mind, our institution greatly increases our chances of meeting the challenging compliance requirements.

TITLE IV

Title IV of the Higher Education Act of 1965 covers the administration of the United States federal student financial aid programs.

The programs authorized under Title IV of the Higher Education Act are the major source of federal student aid. Title IV programs include:

LOANS

  • Federal Direct Subsidized/Unsubsidized Loans
  • Federal Direct PLUS Loan
  • Federal Perkins Loan

GRANTS

  • Federal Pell Grant
  • Federal Supplemental Educational Opportunity Grant (FSEOG)

FEDERAL WORK-STUDY (FWS)

You may find more information about loans and grants on the financial aid website.