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Welcome to the Office of Financial Aid Student Online Resource. Please check below for news, updates and alerts. For general financial program information or forms, follow the links on this page. We are here to help. If you have questions, contact our office for assistance.
NEWS AND ALERTS
ATTENTION: IMPORTANT INFORMATION ON ILLINOIS BONUS INCENTIVE GRANT FUNDING (BIG GRANT)
Please visit http://collegezone.com for information about the funding of the BIG grant program for the 2009-2010 academic year.
NOVEMBER 2, 2009: The Jewish Federation Academic Scholarships, for Jewish college and post-graduate students for the 2010-2011 Academic Year. For more information, read the scholarship requirements and download the application.
The Hispanic College Fund and PepsiCo Scholarship, This is a merit-based scholarship to promote higher education among Hispanic students. For more information, visit the website at http://www.buildurdestiny.com
DePaul University is pleased to offer an accelerated undergraduate admission process to returning veterans students. For more information, please contact the Office of Admissions.
If you are a veteran and you wish to apply for financial aid for your studies at DePaul, we encourage you to complete a Free Application for Federal Student Aid (FAFSA) as soon as possible.
If you need information about your current GI Bill, or if you wish to use your GI Bill benefits at DePaul, please visit our Veteran's Education Benefits web page. To start your benefits at DePaul, be sure to complete the Veteran's Affairs Educational Benefits Form and submit it with a copy of your Certificate of Eligibility and a copy of your DD214 to the Office of Financial Aid.
Post 9/11 GI Bill
The Department of Veterans Affairs is now accepting and processing applications for the Post-9/11 GI Bill. This bill, effective August 1, 2009, provides comprehensive educational benefits to veterans who served after September 11, 2001. To apply, or to gain more information, please visit the Veteran's Affairs web site.
OCTOBER, 26 2009: SPECIAL UPDATE: NEW LEGISLATION ENHANCES STUDENT LOAN BENEFITS
Legislation has been passed that will significantly benefit undergraduate students who borrow federal student loans, and their parents who borrow Federal Parent Loans (PLUS). Preliminary information about the legislation is described in brief below. Please note although this legislation takes effect after July 1, 2008, the U.S. Department of Education has not yet issued regulations or implementation dates. We will continue to monitor updates to this legislation and keep you informed on this web site.
This legislation will make additional unsubsidized loan funds available to undergraduate students. This additional loan eligibility would add the option of an increased $2,000 in annual Federal Direct Unsubsidized Student Loan funds to eligible students whose costs support this increased loan amount.
We anticipate that we will send all eligible students a revised award notice, reflecting this increased eligibility, as soon as we receive full information from the U.S. Department of Education. Eligible students will have the option of accepting this additional $2,000 loan, reducing any PLUS or private loan funds by this amount.
This legislation also allows parents to choose to defer payments on a 2008-2009 Federal Parent Loan (PLUS) until six months after the date the student ceases to be enrolled at least half time. Accruing interest could either be paid by the parent borrower monthly or be capitalized quarter.
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