Undergraduate Bulletin - Illinois Institute of Technology

Student Accounting
Student Accounting
Financial Responsibility
By registering for courses at Illinois Institute of Technology
the student accepts financial responsibility for payment in
full of the student account plus, if necessary, any additional
costs which may be incurred by the University in the collection
of these debts. Late payment fees will be applied
to past due accounts. Failure to pay a past due debt may
result in the debt being listed with the State Comptroller’s
Offset Program, the account being referred to a collection
agency, and other authorized legal debt collection procedures.
Under such circumstances, the student is reponsible
for all fees and costs incurred by the University in the collection
of the past due debt, including collection fees and/or
attorney fees.
Charges
All university mandatory and non-mandatory charges are
published regularly. The official university publication of
current tuition, fees, and other charges for all students, except
students of the IIT Chicago-Kent College Of Law, can
be found at www.iit.edu/bursar on the Tuition and Fees
page under Billing. All other published tuition and fee information
should be considered an estimate and not the
official published rates.
Tuition-Undergraduate
Undergraduates registered for 12-24 credit hours are considered
full-time and will be charged at the full-time tuition
rate. Undergraduates registered for fewer than 12 credit
hours are considered part-time and will be charged at a
per-credit-hour, part-time tuition rate.
Other Fees and Charges
A student may incur other fees and charges that are both
mandatory and non-mandatory. Please refer to the Undergraduate
Admission section of the bulletin for information
related to enrollment deposits and new student fees. For
a complete current listing of all charges and fees, go to
www.iit.edu/bursar and select Tuition and Fees.
Parking Fee
All students who park in campus parking lots must register
their cars with Access Card and Parking Services and
pay a parking fee at the beginning of the semester. For current
fees, students should contact Access Card and Parking
Services at www.iit.edu/∼parking or 312.567.8968.
Student Health Insurance
All students who are either registered for 9 or more credit
hours or occupants of IIT residence halls are required to
purchase the basic student health insurance policy, or submit
proof of equivalent insurance before the end of the first
week of classes. All students who are here on an F1 or
J1 visa and are registered for at least one (1) class, participants
in the co-op program, research or teaching assistants,
or occupants of IIT residence halls are required
to purchase the basic student health insurance. The premium
for the basic insurance will be added to the student
tuition bill. To avoid this charge, submit proof of
comparable coverage to the IIT Student Health and Wellness
center. For information on submitting a waiver, visit
www.iit.edu/student health/insurance. Students on
an F1 or J1 visa may only waive IIT’s coverage with proof
of U.S. employer-provided insurance. Once a waiver is accepted,
it will be valid through the student’s continued enrollment
at IIT. Other students, spouses, and dependants
of students may participate in the student health program
if desired. Students should consult the Student Health
and Wellness Center in the IIT Tower, Suite 3D9-1, or call
312.567.7550 for further details.
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