04.10.2015 Views

Academic

6P4UgAG5o

6P4UgAG5o

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

• Federal Perkins Loan<br />

• Federal Direct Loan Program (Subsidized,<br />

Unsubsidized and PLUS)<br />

Financial Need Determination<br />

The Office of Financial Aid and Scholarships uses the<br />

need analysis from the Free Application for Federal<br />

Student Aid (FAFSA) to determine financial need.<br />

Students must submit the FAFSA directly to the U.S.<br />

Department of Education. All information contained in<br />

this application is held in strict confidence. In addition,<br />

financial records are protected in accordance with<br />

FERPA, as amended. Financial need represents the<br />

difference between the estimated cost of attendance<br />

and the amount that the student and the student’s family<br />

are expected to contribute toward the educational<br />

costs. The factors considered in determining the types<br />

and amounts of aid received by an applicant are:<br />

• The availability of funds<br />

• The student’s analyzed financial need<br />

• The student’s classification and record of academic<br />

performance<br />

Applicants desiring priority considera tion should<br />

submit their applications by March 1ST to ensure<br />

timely consideration for the next academic year.<br />

to the University to receive a financial<br />

aid offer.<br />

--<br />

Step 2: Complete the Free Application for<br />

Federal Student Aid (FAFSA).The<br />

FAFSA can be completed by going<br />

online at www.fafsa.ed.gov. Dillard’s<br />

school code is 002004.<br />

--<br />

Step 3: Accept or decline the financial aid offer,<br />

if applicable and send the required<br />

enrollment deposits, if applicable.<br />

--<br />

Step 4: If applying for a federal loan, complete<br />

a Master Promissory Note and<br />

Entrance Counseling at<br />

www.studentloans.gov.<br />

Transfer students are eligible for various forms of<br />

financial aid, including academic scholarships.<br />

Priority Dates<br />

State grant funds are limited, as are funds for Federal<br />

Work Study programs, Federal Perkins Loans, and<br />

Federal Supplemental Educational Opportunity Grants.<br />

To receive consideration for those funds, submit the<br />

FAFSA early enough to ensure processing by the<br />

dates listed below. It is suggested that the FAFSA be<br />

completed approximately three (3) weeks prior to the<br />

dates listed below:<br />

• March 1 - Fall and Spring<br />

Financial Aid Packaging<br />

Packages of aid may consist of a combination of<br />

scholarships, grants, loans and employment. This aid<br />

packaging concept enables the University to make<br />

more funds available to a larger number of applicants.<br />

The FAFSA form is required for consideration for<br />

scholarships, grants, and loans. Recipients of aid must<br />

reapply each year. Timely submission of the FAFSA<br />

and all information requested is required to receive<br />

the largest award possible. Scholarship recipients will<br />

receive renewals based on the criteria of the particular<br />

award. Dillard University reserves the right to reduce<br />

or rescind award packages to remain in compliance<br />

with federal, state and institutional aid.<br />

Application Procedure<br />

To be awarded financial assistance of any kind, it is<br />

necessary for the applicant to follow the steps list ed:<br />

--<br />

Step 1: Get admitted or re-admitted, if<br />

applicable. A student must be admitted<br />

38<br />

• October 15 - Spring Semester<br />

• March 1 - Summer Session<br />

Grant Programs Federal Pell Grant<br />

The Federal Pell Grant is federally funded and based<br />

upon financial need. Pell Grants are made to eligible,<br />

degree-seeking undergraduate students only based on<br />

information submitted annually on the FAFSA. As of<br />

the printing of this catalog, the maximum grant eligibility<br />

award was $5,775. Contact the Office of Financial Aid<br />

and Scholoarships for the current amount. Student<br />

eligibility is determined by a schedule developed by<br />

the U.S. Department of Education.<br />

Federal Supplemental Educational<br />

Opportunity Grant (SEOG)<br />

The Federal Supplemental Education Opportunity<br />

Grant is for undergraduate students enrolled at least<br />

half-time who demonstrate exceptional financial need.<br />

Grants range between $200 and $4,000.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!