Like anything you haven’t navigated before, financial aid can seem a bit puzzling at first. We’re here to define the terms, walk you through the processes and avoid the pitfalls.
“Financial aid” is a broad term that encompasses a variety of options, from gift aid that you don't have to repay and loans that must be repaid, to employment such as work-study or assistantships. Review these types of aid and their requirements
You'll automatically be considered for most of these types of aid when you complete the Free Application for Federal Student Aid (FAFSA)
. For some programs, such as scholarships and alternative loans, you'll need to complete an additional application. Applying for Aid
will explain the steps for all these options. Pay close attention to important dates
, because many programs operate on a first-come, first-served basis.
Once we have all your materials, our team begins the award process and will notify you when we've assembled your award package.
In most cases, your aid will be credited to your account—a process called disbursement
—at the start of each term. You can monitor your awards and your account through the student portal “Campus Connect.”
Through Campus Connect
, you also can review the Family Educational Rights and Privacy Act of 1974 (FERPA
), which covers the privacy of student records maintained by institutions such as DePaul. FERPA ensures that you can inspect your own records, correct any misinformation, and determine what information, if any, that DePaul may release about you.