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Office of Financial Aid & Scholarships

Financial Aid Resources

 

RIT Resources

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Federal Resources

FAFSA (Free Application for Federal Student Aid)

File electronically
www.fafsa.ed.gov

Register for your PIN
www.pin.ed.gov

Telephone for general information
1-800-433-3243
1-800-730-8913 TTY

William D. Ford Federal Direct Loan Program

General Loan Information

Telephone
1-800-848-0979
1-800-848-0983 TTY

Website: http://studentaid.ed.gov/repay-loans/understand/servicers#who-is-my-loan-servicer

Loan Consolidation Information

Telephone
1-800-557-7392
1-800-557-7395 TTY

Website: www.loanconsolidation.ed.gov

Correspondence address

Mail any information you are sending as part of your Consolidation request - such as applications, correspondence, Additional Loan Listing Sheets, Request to Add Loans Sheets, Repayment Plan Selection (RPS) forms, and ICR Consent to Disclosure of Tax Information forms to:

U.S. Department of Education
Direct Loan Consolidation Center
P.O. Box 242800
Louisville, KY 40224-2800

Scholarship Scams and Identify Theft Protection

Avoid scams while searching for scholarships: http://studentaid.ed.gov/types/scams

Selective Service Registration

All males over the age of 18 years are required to register.

Register online or check the status of your registration
www.sss.gov

Telephone
1-847-688-6888

Internal Revenue Service (tax transcripts for the verification process)

Beginning the 2012-2013 Verification Process, tax transcripts must be submitted in lieu of signed tax returns.  There are three ways in which you and your parents (if applicable) can request your tax transcript free of charge: 

  1. Order a tax transcript online (the transcript can only be mailed to the address listed on the federal tax return).  Upon receipt please mail or fax a copy of your transcript(s) to the address listed below.
  2. Call the IRS at 1-800-908-9946.
  3. Complete and return Form 4506-T.  Mail or fax your form to the IRS’s state specific address or fax number.

Options 2 and 3 allow you to designate a third-party mailing address.  If you would like your tax transcript sent directly to the Office of Financial Aid and Scholarships you will need to provide the IRS with the following mailing address and telephone number:

Rochester Institute of Technology
Office of Financial Aid and Scholarships
56 Lomb Memorial Drive
Rochester, NY 14623
Telephone: 585-475-2186
Fax: 585-475-7270

If the transcript is being mailed directly to the school, ensure that you have filled in line 6 and line 9 before signing. Sign and date the form once you have filled in lines 5, 6 and 9.  The IRS will not forward your tax transcript if your Form 4506-T is missing your signature or if lines 5, 6 and 9 are blank or incomplete.

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NY State Resources

New York State Higher Education Services Corporation (NYSHESC): TAP

Website
www.hesc.com

Mailing address
New York State Higher Education Services Corporation
99 Washington Avenue
Albany, NY 12255

Telephone
1-888-NYS-HESC / 1-888-697-4372
1-518-473-1574 / 1-800-445-5234 (TTY)

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Military Resources

yellow ribbon

Information for Veterans

RIT has a tradition of honoring and supporting active duty military and veterans. The RIT Veterans Services Office is dedicated to supporting and advocating for active duty military, veterans, and their dependents—helping them from the moment they consider applying to RIT all the way until graduation.

More information on the services provided by the RIT Veterans Services Office can be found at: http://www.rit.edu/emcs/ptgrad/veterans.php.

Principles of Excellence

RIT subscribes to the Principles of Excellence established by the Departments of Defense, Veterans Affairs, and Education for all educational institutions serving service members, veterans, spouses and other family members. It is our intent to provide meaningful information about the cost of attendance and financial aid available to prospective students.

Estimated Cost of Attendance for full-time enrollment

The estimated cost of attendance listed here are for full-time RIT degree-seeking undergraduate students. Tuition expenses are lower for deaf and hard-of-hearing students sponsored by NTID.

The estimated cost of attendance listed here are for full-time RIT degree-seeking graduate students. Tuition expenses are lower for deaf and hard-of-hearing students sponsored by NTID.

A complete listing of tuition and fees can be found at Student Financial Services. If you plan to live on RIT’s campus, rates for on-campus housing can be found at Housing Operations and meal plan rates can be found at Dining Services.

Graduation Rate

64.3% of RIT’s full-time undergraduate students receive their bachelor’s degree within six years. Many RIT bachelor-degree programs are five years in length as they feature RIT’s cooperative education program. Given this, RIT’s overall graduation rate, which includes both 5-year and 4-year programs, is understated. More information on RIT’s cooperative education programs can be found here.

Loan Default Rate

3.5 percent of RIT student borrowers defaulted within three years of entering repayment. The average for comparable institutions is 13.4%

Median Borrowing

Families typically borrow $23,816 in federal loans for a student’s undergraduate study. The Federal loan repayment over 10 years for this amount is approximately $274 per month.

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Other Resources

Expected Family Contribution (EFC) Calculator

Determine your EFC with the FinAid.org site's Expected Family Contribution Calculator.

Vocational Rehabilitation Agencies

Click here for a comprehensive listing of VR agency locations and contact information.

Educational Tax Credit Information

http://finweb.rit.edu/sfs/policies/taxcredits.html

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