Financial Resources for Current Students
Financial Aid Resources, Policies, & Information for Current Students
A School of the Art Institute of Chicago education is an investment in your future; we’re here to help you plan for it. Our team is dedicated to providing you with comprehensive information you need to thrive and flourish while you are here. Below you’ll find essential resources and information to help you manage your student accounts, employment opportunities, refunds, and important policies.
Renewing Your Financial Aid
Students should re-apply every year as soon as possible after October 1 for the upcoming academic year using the Free Application for Federal Student Aid (FAFSA) to receive maximum consideration for available funds.
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You will receive a confirmation from the federal government once your FAFSA application has been processed. Review the information and make corrections online. SAIC uses the SAI (Student Aid Index) each year as listed on the processed FAFSA known as the FSS (FAFSA Submission Summary) to determine federal, state, and institutional aid eligibility.
After the student's first year, Student Financial Services does not mail award offers resulting from the FAFSA but rather sends only an automated email notifying them that their award offer can be now seen in Self-Service. SAIC awards need-based aid, student loan, and work-study offers to those students:- With a completed FAFSA on file for the award year
- If chosen for verification according to their FAFSA results, once the verification process has been completed
Previous borrowers of Federal Direct Subsidized/Unsubsidized Loans who have been offered one of these loans again, as listed on their award offer, do not need to complete any additional steps to secure these loans; they are processed automatically.
Parent borrowers of Federal Direct PLUS Loans must submit a new request at StudentAid.gov for each award year and for each Direct PLUS Loan desired.
Manage Your Student Account
Stay on top of your financial responsibilities by managing your student account. Review important information regarding billing, payments, and account balances, and set up access for parents and/or others assisting with payments.
Important Information for Parents
Attending SAIC is an investment in your students' future, and you are not alone in that investment. Find important financial aid information for parents and guardians in one spot.
Student Employment Opportunities
Looking for work while studying? Explore various employment opportunities available to current students, including on-campus jobs and internships.
Payment Options, Plans, & Billing
Find essential information regarding payment options, important dates, and resources to help you manage your financial responsibilities.
Refunds, Delinquencies, & Advances
Understand the refund process, how to handle delinquencies, and learn about advances that may be available to you.
Policies & Procedures
Familiarize yourself with the policies and procedures that govern student accounts and financial services.
Family Educational Rights and Privacy Act
The Federal Family Educational Rights and Privacy Act (FERPA) is a federal privacy law that gives students certain rights with regard to their own education records, such as the right to inspect and review their own records. Students should submit an electronic FERPA form by August 1 for fall and/or January 1 for spring to allow SFS to discuss their financial aid and student account information with parents/others.
Need Assistance? We're Here to Help.
Call or Email Us
If you have any questions or want personalized guidance, please contact Student Financial Services.
Make a Virtual or Phone Appointment
Prospective students, parents, and alumni can click on the links below to schedule a virtual appointment with an SAIC Student Financial Services advisor.