Urgent Notice to Illinois MAP Grant Recipients
Illinois MAP Grant recipients must file the 2015-2016 FAFSA by February 1, 2015 to ensure consideration for the MAP Grant for the coming academic year.
Apply January 1, 2015 for 2015-2016 Financial Aid
The Free Application for Federal Student Aid (FAFSA)
for the 2015-2016 academic year opens January 1, 2015. You should complete the FAFSA as soon as possible. Filing your FAFSA by February 1, 2015
ensures full consideration for all types of financial aid. If you file your FAFSA after February 1, aid will be based on available funding. Therefore, file your FAFSA as soon as possible after January 1, 2015; do not delay.
Even though the 2015-2016 FAFSA will ask for 2014 tax information, do not wait to submit the FAFSA if your and/or your parent's tax return has not yet been filed. File your FAFSA using estimated 2014 income information.
After submitting your 2014 tax return, log into your FAFSA at fafsa.ed.gov
to update the information.
Please do not delay: go to fafsa.ed.gov
and complete your FAFSA today. Don't miss out on your opportunity for funding.
Avoid Common FAFSA filing mistakes
Filing the FAFSA is the single most important thing most of you can do to get funding for your education. Make sure you take the steps to fill it out correctly so that you don't miss out on funding because of filing errors. Check out the U.S. Department of Education's 7 Common FAFSA mistakes
Federal Direct Loan Interest Rates Update
Congress has passed and the President has signed the Bipartisan Student Loan Certainty Act of 2013, which ties federal student loan interest rates to financial markets. Under this Act, interest rates will be determined each spring for new loans being made for the upcoming award year, which runs from July 1 to the following June 30. Each loan will have a fixed interest rate for the life of the loan.
The following table provides the interest rates for new Direct Loans made on or after July 1, 2014, and before July 1, 2015. These rates will apply to all new Direct Loans made during this time.
|Direct Subsidized Loans (Undergraduates)
|Direct Unsubsidized Loans (Undergraduates)
|Direct Unsubsidized Loans (Graduate or Professional Students)
|Direct PLUS Loans (Parents and Graduate or Professional Students)
More about the revised federal student loan rates is available at the Student Aid website.
Attention Federal Student Loan Borrowers
Take some time to visit studentloans.gov
to learn about the wide array of repayment options you have for your student loans, including the "Pay As You Earn" repayment option. Pay as You Earn is designed to lower monthly student loan repayments, based on a borrower's monthly income. You can learn more about Pay as Your Earn in “Repay Your Loans” at studentloans.gov
Financial Awareness Counseling
Visit the U.S. Department of Education's Financial Awareness Counseling:
You can learn the basics of financial management, see your current federal student loan debt (and your other student loan debt if you enter information about your private student loans), and obtain an estimate of what your student loan debt is likely to be at the time you leave school.
Need to Submit Financial Aid Forms and Documents?
All financial aid forms and documentation can be uploaded at our secure document upload website
. Please note that forms and documents uploaded at our secure document upload website must be in PDF, JPG, GIF, PNG or TIF formats and the documents cannot be password protected.
Forms and documentation can also be submitted in person at DePaul Central in both the Loop and Lincoln Park campuses or by fax to (312) 362-5748 or by mail to:
Office of Financial Aid
1 East Jackson Blvd.
Chicago, IL 60604
Attention First-Time Loan Borrowers
Are you receiving loans? Have you completed your loan requirements?
View our Direct Loan Requirements Guide describing the student loan electronic requirements.
Monitor Your Financial Aid through Campus Connect
is your best resource to monitor your financial aid at DePaul. Your To-Do List will inform you of needed documentation or forms and you can see your financial aid awards anytime. To view your student account activity navigate to: For Students >> Campus Finances >> Tuition & Account >> View My Tuition Account.
Have you applied for graduation? Do you have student loans?
All federal student loan recipients who have applied for graduation are required to complete online exit counseling prior to graduation. This exit counseling will help you understand the next steps with your student loans.
DePaul University is honored to serve veterans and active-duty members of the United States military and their dependents. DePaul University participates in all major VA Educational Benefit programs, and is a proud participant in the Yellow Ribbon program.
DePaul University is pleased to offer an accelerated undergraduate admission process to returning veterans students. For more information, please contact the Office of Admission
Get Answers Via Online Chat
Chat live with staff in DePaul Central daily from 9:00 a.m. - 5:00 p.m. (CST). Please visit the DePaul Central website
and click on the "Chat With Us Live" button.