As parents and family members, you have an important role in supporting your student in all areas of the college experience—academically, socially and financially. The staff of DePaul’s Office of Financial Aid is here to help you with the financial piece of that puzzle. We’ll guide you and your student through the process, help you find funding sources, and strategize the best plan for your family.
You’ll find most of the information you need right here—begin with the “For Parents” section and the links within the section. You also may be interested in DePaul’s payment plans, and in encouraging your student to participate in the free Financial Fitness Program
, which teaches important concepts like budgeting, expense management and financial planning.
We expect you to have questions, and we’re here to answer them. You may contact us by:
||Lincoln Park Campus|
||Schmitt Academic Center|
|1 E. Jackson Blvd.
||2320 N. Kenmore Ave.|
|Chicago, IL 60604
||Chicago, IL 60614|
You have several key responsibilities in helping your student apply for and receive financial aid. They fall in three areas: the aid application, completing the award process, and receiving funds.
Many types of financial aid, from grants and scholarships to federal and alternative loans, require students to be enrolled full time to receive the full award. In many cases, students must be enrolled for 12 credit hours per quarter, but for some programs, particularly the Illinois Monetary Grant Program, students must be enrolled for 15 credit hours.
If your student drops a class and/or falls below the required level, his or her financial aid for that quarter will be reduced. If your student is considering dropping a class, please encourage him or her to contact our office first so that we can determine the impact on your student’s award package.