Financial Aid

A majority of students accepted to Midwest Technical Institute receive some type of financial aid or assistance.

Since MTI is not a traditional college, there is no deadline to apply for federal funding, grants or other kinds of financial assistance. Prospective students can apply for financial aid at any point prior to their selected program’s official start date.

• Contact your local MTI campus for more information or to complete an application.

Federal Grants and Loans

Federal Financial Aid forms are available online at http://fafsa.ed.gov.

When filling out your FAFSA (Free Application for Federal Student Aid), be sure to use the appropriate income tax year. Once you’ve completed it, sign, date the FAFSA and then return it to MTI.  The school code for MTI is 033683.

• Visit StudentLoans.gov for more information.
• More information on student loan financing options at MTI is available here.
• More information on federal student aid, including FAFSA, is available here.

What if I already filled out my FAFSA?

If you have already filled out the FAFSA, you will simply need to add our school code.

• Go to http://fafsa.ed.gov
• Click step three to “add or delete a school code”
• Enter MTI’s school code: 033683
• MTI will contact you once we have received your information

MTI is approved for the following Federal Grant and Loan programs:

*Available to students who qualify

• Federal Pell Grant William D. Ford Federal Direct Loan Programs
• Federal Direct Subsidized and Unsubsidized Stafford Loan (Student)
• Federal Direct PLUS Loan (Parents of Dependent Students)

Other funding options:

Students may look into outside financial funding on their own, such as a private loan from a bank.

• More information about financing options is available here.

WIA (Workforce Investment Act):

In Illinois, The Bureau of Workforce Development is committed to encouraging statewide economic development by cultivating a well-trained workforce. To accomplish this goal, the Bureau identifies youth, adults and dislocated workers who are eligible for assistance under the Workforce Investment Act (WIA). The WIA assesses their employability skills and provides training, as appropriate, for identified sectors of growing employment demand.

Student Loan Frequently Asked Questions:

For more information, visit StudentLoans.gov or contact the MTI DTC Student Loan Management Department.

Exit Counseling Requirement

A Direct Loan student borrower who is graduating, leaving school, or dropping below half-time enrollment is required to complete Exit Counseling.

• Visit StudentLoans.gov and log in using your FSA ID
• Click on Complete Loan Counseling and then select Exit Counseling
• When selecting a school to notify, you will choose Midwest Technical Institute in Springfield, IL (this is the main campus for MTI/DTC)
• Complete the online Exit Counseling session all the way up until you see a confirmation page (please allow 20-30 minutes to complete)
• Keep this confirmation page for your records
• The Financial Aid office at your MTI campus will be automatically notified you have met this requirement