Undergraduate

Financial Aid Disbursement Eligibility Chart

Full-time= 12 hours or more per quarter Three-quarter time= 9 to 11.99 hours per quarter Half-time= 6 to 8.99 hours per quarter Less than half-time= fewer than 6 hours per quarter
Federal Pell Grant 100% of the term award 75% of the term award 50% of the term award 25% of the term award
Illinois State Monetary Award Program (MAP) Grant,   (estimated award amounts) 15 hours or more: $1623
14 hours: $1460
13 hours: $1298
12 hours: $1298		 11 hours: $1136
10 hours: $1136
9 hours: $973		 8 hours: $811
7 hours: $811
6 hours: $649		 5 hours: $486
4 hours: $486
3 hours or less: $0
University undergraduate grants 100% of the term award 50% of the term award 50% of the term award No disbursement
University undergraduate scholarships 100% of the term award In general, require full-time enrollment In general, require full-time enrollment In general, require full-time enrollment
Federal Direct Subsidized and Unsubsidized Loan 100% of the term award 100% of the term award 100% of the term award No disbursement
Federal Direct Parent PLUS Loan Award is dependent upon projected hours at the time award is accepted Award is dependent upon projected hours at the time award is accepted Award is dependent upon projected hours at the time award is accepted No disbursement
Federal Perkins Loan 100% of the term award 100% of the term award 100% of the term award Eligibility limited to special circumstances; contact the Office of Financial Aid for more information
Federal TEACH Grant
TEACH Grant allocations are subject to adjustment by Congress. TEACH Grant recipients should check with the Office of Financial Aid to confirm the most current award amounts.		 100% of the term award 75% of the term award 50% of the term award 25% of the term award
Federal Work-Study* Eligible to work and earn 100% of the term's award Eligible to work and earn 100% of the term's award Eligible to work and earn 100% of the term's award Eligibility limited to special circumstances; contact the Office of Financial Aid for more information
External scholarships and grants 100% of the maximum term award In general, require full-time enrollment In general, require full-time enrollment In general, require full-time enrollment

For an award program not listed above, please contact the Office of Financial Aid at DePaul Central at (312) 362-8610 or email finaid1@depaul.edu.

*Special Note about Federal Work-Study: Federal Work-Study funds are not disbursed to your university account. You receive Federal Work-Study funds through either direct deposit or paycheck based on hours worked in a qualified on-campus job.

Disbursed aid funds are first applied to outstanding tuition costs, then to any housing costs or university fees. Financial aid disbursements in excess of your DePaul charges will be refunded to you, in accordance with the disbursement rules of each financial aid program. For more information about refunds, visit the Refunds FAQ​ section of the Student Accounts website.

Eligibility Notes

  • Assumes all general financial aid eligibility requirements, need requirements, and program-specific enrollment requirements are met, including active confirmed attendance/participation in all courses for which financial aid is authorized.
  • Also assumes enrollment in courses that apply toward your degree program, and compliance with the financial aid repeat-course policy.
  • Summer enrollment requirements may vary: please refer to the online Request for Summer Financial Aid (available after April 1 each year).
  • Federal Work-Study assumes active participation in a Federal Work-Study-eligible DePaul student employment position. Also assumes all general financial aid eligibility requirements and program-specific enrollment requirements are met, including active confirmed attendance/participation in all courses for which financial aid is authorized.
  • Special Note: Withdrawal from courses may have serious consequences. Your aid may be recalculated based on a failure to begin attendance in classes or failure to participate in online classes, and you may no longer be eligible for the financial aid disbursed to you. For more information, please refer to the Withdrawal from Classes section of this website.​
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