Finalizing graduate student aid awards

For the 2007-2008 academic year

You must complete these steps to finalize your financial aid award so we can disburse the financial aid to your student account at the same time as we bill you for tuition, fees, and other Institute charges.

1. Student and Parent Loans

Deadline: As soon as possible

If you are borrowing, there may be additional steps to follow depending on a few factors.

• If this is the first time you are borrowing as an MIT student, you will need to complete online loan entrance counseling.
• You will also need to sign a promissory note. If the loan program has a master promissory note, you only sign once as an MIT student; otherwise, you sign each time you borrow from that program.

For further information, see the instructions for the loan program(s) from which you or your parents are borrowing:

• Federal Direct Subsidized Loan
• Federal Perkins Loan
• Federal Direct Unsubsidized Loan
• Bank of America private loan
• CitiBank CitiAssist Loan
• Federal Direct PLUS Loan
• MEFA graduate student loan
• Signature Student Loan

2. Student Employment

Deadline: When you first arrive on campus

If you plan to get a job on campus, there are four steps you must take:

• Complete the federal I-9 form. It’s quick and only needs to be done once while you’re at MIT. Stop by SFS Student Employment and make sure you bring an original passport, an original Social Security card, or a certified copy of your birth certificate with a raised seal and picture ID.
• If you have not yet reported your Social Security number to MIT, please do so by using WebSIS. If you do not have a Social Security number, you’ll have to get one if you plan to work at MIT. More information on how to obtain a Social Security number is available on the Social Security Administration web site.
• Set yourself up with direct deposit so if you work at MIT, you can be paid electronically. The direct deposit authorization form (the same form for all MIT employees) is available online.
• Check the SFS job listings for other employment opportunities.