Federal, State and Institutional Programs: Undergraduate
All financial aid recipients are required to comply with the satisfactory academic progress regulations and meet all federal eligibility requirements in order to establish and maintain eligibility for federal, state, and need-based institutional financial aid. Scholarship recipients must also meet the specific eligibility requirements of the scholarships received. Some financial aid programs also have lifetime usage limits, as well as annual and lifetime aggregate limits. Always check with the Office of Financial Aid at DePaul Central if you have questions about your eligibility, or if you need clarification about lifetime usage limits or annual or aggregate limits.
Federal Pell Grant Lifetime Usage Limits
There is a limit on the amount of Federal Pell Grant funds you may receive over your lifetime. This limit, which is set by federal law, is the equivalent of six years of Pell Grant funding. The federal government refers to this as your Pell Grant “lifetime eligibility usage (Pell LEU). For more information, please visit the “Calculating Lifetime Pell Eligibility Used” at the Federal Student Aid website
If you receive Federal Pell Grant funds, you can monitor your Pell lifetime usage at www.nslds.ed.gov
Federal Direct Subsidized Loan Lifetime Usage Limits (affects Federal Direct Loan recipients who borrow their first Federal Direct Subsidized Loan after July 1, 2013)
If you borrowed or will borrow your first Federal Direct Subsidized Loan on or after July 1, 2013, there is a limit on the maximum period of time (measured in academic years) that you can receive Direct Subsidized Loans. In general, you may not receive Direct Subsidized Loans for more than 150% of the published length of your academic program. More information is available in the federal student aid publication, Time Limitation on Direct Subsidized Loan Eligibility for First-Time Borrowers on or after July 1, 2013
, or you may visit the student loan section under “Types of Aid” at studentaid.gov
Federal Direct Loans also have annual and lifetime (cumulative) award maximums. For more information, visit Subsidized and Unsubsidized Loans
If you receive Federal Direct Loan funds, you can monitor your Direct Subsidized lifetime usage (if it applies to you) at www.nslds.ed.gov
. You can also monitor your cumulative loan borrowing at this site.
Federal TEACH Grant
The Federal TEACH grant has annual and lifetime limits. For more information, visit the TEACH grants site
If you receive Federal TEACH Grant Loan funds, you can monitor your cumulative TEACH Grant awards at www.nslds.ed.gov
Federal Perkins Loan
The Federal Perkins Loan has annual and lifetime limits. For more information, visit the Perkins Loan site
If you receive Federal Perkins Loan funds, you can monitor your cumulative Federal Perkins Loan borrowing at www.nslds.ed.gov
Illinois State Monetary Award Program (MAP) Grant Lifetime Usage Limit
The Illinois State Monetary Award Program (MAP) Grant lifetime usage is restricted to the equivalent of 135 MAP Paid Credit Hours. Your MAP Paid Credit Hours usage is determined by your enrollment status each term you receive the grant. For more information on MAP Grant eligibility usage, please visit the MAP Grant eligibility site
DePaul University Scholarships and Grants
For information on university and grant lifetime usage, please refer to your scholarship or grant award letter or contact the Office of Financial Aid at DePaul Central.