Student load application

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 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.

Access Your 1098-T

Students who previously attended or currently attend MTI can access their 1098-T tax statement through the Student Portal. If you need assistance logging into the Student Portal, please contact your Student Success Specialist.

2024-2025 FAFSA Changes

The Free Application for Federal Student Aid (FAFSA) is changing in 2024-25, and MTI is here to help.

The FAFSA typically opens annually on October 1st, but the overhaul of not only the form itself, but also the processing system has pushed the FAFSA availability. The FAFSA will become available by December 31st, 2023. MTI will announce when the 2024-2025 FAFSA becomes available. 

The Financial Aid Team at MTI is ready and available to help you navigate the changes to the FAFSA, and put together this guide to help answer some of your questions.

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.

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

Other funding options:

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

WIOA (Workforce Innovation & Opportunity Act):

According to the U.S. Department of Labor, the Workforce Innovation and Opportunity Act (WIOA) is designed to strengthen and improve our nation’s public workforce system and help get Americans, including youth and those with significant barriers to employment, into high-quality jobs and careers and help employers hire and retain skilled workers. For more information visit WIOA Works Illinois or the Missouri Jobs Center.

Student Loan Frequently Asked Questions:

For more information, visit 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 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

Cohort Default Rate

Springfield, IL campus most recent cohort default rate is 0%.  East Peoria, IL campus most recent cohort default rate is 0%.  Moline, IL campus most recent cohort default rate is 0%.  Springfield, MO campus most recent cohort default rate is 0%. 

*Most recent cohort default rate data from 2020