15. Financial Aid

The Office of Financial Aid, located on the ground floor of the Administration Building, exists for the purpose of assisting students to finance their education. Available resources consist of scholarships, grants, loans and part-time employment through various University, State and Federal programs of aid. Eligibility varies with each program, and demonstrated financial need is required for many programs.

Students must reapply for all forms of financial aid each year. Application information and forms are available at the Financial Aid Office after January 1 each year. Application deadline for each academic year is May 1 for undergraduate students and May 31 for graduate students. Students applying for the spring term only must complete and file an application by December 1. Early filing is recommended to ensure consideration for all forms of aid available. Funding limitations at times results in the unavailability of awards to late applicants who are otherwise eligible.

A major function of the office is financial aid counseling. The Financial Aid Office has implemented a Primary Counselor system so that students will have a point of contact in the office who will be familiar with their individual circumstances. Students who require assistance should schedule an appointment with their counselor to explore possible sources of financial aid. No student should consider withdrawal for financial reasons without first contacting the
Financial Aid Office.

Statement of Principles, Policies and
Procedures for Student Financial Aid


The fundamental purpose of the Financial Aid Office at Duquesne is to attempt to make it possible for students who would normally be deprived of a college education because of inadequate funds to attend college. Every attempt is made to meet a student’s demonstrated need. However, this is not always possible. Based on the belief that higher education should not be a privilege reserved only for those who can afford to purchase it, that educational opportunities should not be limited by the financial resources of the student and his/her family, and the fact that total resources available for financial assistance to students at Duquesne University are limited, we have adopted these principles for our financial aid programs.

  1. The family of a student is expected to make a maximum effort to assist the student with college expenses. Financial assistance from the University is viewed only as supplementary to the efforts of the student and the family.
  2. To determine the expected family contribution and the resulting demonstrated financial need, the University utilizes the needs analysis provided through the completion of the free application for student aid.
  3. Financial assistance consists of scholarships, grants, loans and employment, which may be offered to students in various combinations.
  4. In selecting students for financial aid, the University shall place emphasis on financial need and/or academic achievement in accordance with criteria of various programs of aid.
  5. Awards based exclusively on criteria other than demonstrated need may be made to students who do not otherwise qualify for financial assistance; however, such awards must be considered as a resource in determining eligibility for need-based awards.
  6. Where need-based funds are involved, the total amount of financial assistance offered a student cannot exceed demonstrated financial need. The only exceptions to this restriction would be PLUS Loans as well as Unsubsidized Stafford Loans, all of which can be used to reduce the expected family contribution used to determine need.
  7. A student who needs financial aid is expected to apply for the Stafford Loan as well as state grant assistance (undergraduates who are Pennsylvania residents must apply by May 1 of each year).

General Operating Policies

The Financial Aid Office was established at Duquesne University to coordinate all financial assistance offered to students at the University. That office is charged with responsibility to assure that the principles of financial aid are made operationally effective.

The following operating policies are designed to assure that the Financial Aid Office is effective in carrying out its responsibilities:

  1. In accordance with established procedures, all students applying for financial assistance must submit appropriate application forms to the Financial Aid Office and complete any other required processes by published deadlines.
  2. Students applying for financial assistance are to be given consideration for all of the programs administered by the University for which they are eligible, providing funding is available. The student’s aid package may consist of one or more of these programs including scholarship, grant, work and/or loan, or any combination that best meets the student’s needs.
  3. Funds available to the University for financial assistance to students shall be processed through the Financial Aid Office. Nominations of individuals to receive certain designated scholarships, athletic awards, etc. shall be submitted by the responsible department or agency to the Financial Aid Office.
  4. The Financial Aid Office shall maintain adequate records to assure that the aid given to each student is not in excess of the actual amount needed to attend the University.

Programs of Aid Normally Available to Duquesne Students


TYPE OF AWARD

ELIGIBILITY REQUIREMENTS

AWARD RANGES

APPLICATION PROCEDURES

SCHOLARSHIPS
GRANTS

Varies by Program(see Aid Application)

Varies by Award

University Aid Application required, need document required in some cases.

FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT (SEOG)

Based on exceptional need as defined by the U.S. Department of Education. Renewable based on need and funding. Preference to
Federal Pell Grant Recipients, undergraduates only.

Varies with need and funding

University Aid Application and need document required. Must also
apply for Federal Pell and State Grants.

FEDERAL PERKINS LOAN PROGRAM

Long-term loans, currently at 5% interest rate, available to students who demonstrate need. Renewable based on need and funding. ndergraduate or graduate.

Varies with need
and available funding.

University Aid Application and need document required. Undergraduates must also apply for Federal Pell and State Grants.

FEDERAL NURSING LOAN PROGRAM

Long-term loans, currently at 5% interest rate, available to full-time dependent undergraduate nursing students who demonstrate a need. Renewable based on need and funding.

Varies with need and available

University Aid Application and need document
required. Must also apply for Federal Pell funding. and State Grants.

FEDERAL HEALTH
PROFESSIONS LOAN PROGRAM

Long-term loans, currently at 5% interest rate, available to full-time dependent undergraduate pharmacy students who demonstrate need. Renewable based on need and funding.

Varies with need and available funding.

University Aid Application and need document
required. Must also apply for Federal Pell and State Grants.

FEDERAL COLLEGE WORK-STUDY
PROGRAM/GENERAL EMPLOYMENT PROGRAM


Part-time employment available to students who demonstrate need. May work 13 hours per week during the academic periods and full-time during vacation periods. Undergraduate or graduate.

May earn up to $2,700 at current minimum wage rate.

University Aid Application and need document required. Undergraduates must also apply for Federal Pell and State Grants.

FEDERAL PELL
GRANT

Available to undergraduates who qualify under formula established by the Federal Government. Students enrolled part-time may receive a partial
grant.

Varies with program Funding

Apply using free application for federal student aid.

PENNSYLVANIA STATE GRANT (PHEAA)

Pennsylvania residents who demonstrate need. Must be enrolled as full-time undergraduates. For renewal must complete 24 credits each full-time
year and meet all other requirements. Students
enrolled at least half-time may receive a partial
grant.

$200-$4,500 (as of April, 2007)


Apply using free application for federal student aid by May 1.


OTHER STATE GRANTS

Variable requirements.

Varies

Contact State Board of Education.

FEDERAL
STAFFORD LOAN

Requires at least half-time enrollment. Based on financial need. Undergraduate or graduate.


Varies with class level and need.


Applications available through banks, credit unions and other lending institutions. University Aid
Application and need document required. Undergraduates must also apply for Federal Pell
and State Grants.

FEDERAL
UNSUBSIDIZED
STAFFORD LOAN


Requires at least half-time enrollment. Interest must be paid while enrolled. For students who do not qualify for any or all of Federal Stafford Loan. Undergraduate or graduate.


Varies with class level


Applications available through banks, credit unions
and other lending institutions. University Aid Application and need document required.
Undergraduates must also apply for Federal Pell
and State Grants.

FEDERAL PARENT LOAN FOR UNDER GRADUATE
STUDENTS (PLUS)

Available to parents of dependent undergraduate students. Must be enrolled at least half-time. Repayment begins 60 days after funds are disbursed.


Varies with class level.

Applications available through banks, credit unions and other lending institutions.


MISCELLANEOUS
SCHOLARSHIPS

Students are advised to contact local social and fraternal organizations, and parents’ employers or
unions for information on the availability of funds.

Varies.

Varies.

OUTSIDE LOANS

Variable.

Up to a student’s cost. Some lenders may allow students to
borrow for prior
academic years.

Applications available through Duquesne’s
Financial Aid Office.

General Operating Procedures

The following general operating procedures are designed to assure the smooth functioning of the financial aid program at Duquesne University. Early availability of information about financial aid requests is essential to an orderly operation.
Therefore:

1. The deadline for student applications for financial aid shall be:

a ) Undergraduates: May 1
b) Graduates: May 31
Students should be aware that funding limits at times may require strict enforcement of deadline dates. Students are to be notified as soon as possible (after receipt of the completed application) of the financial assistance to be offered to them. Written acceptance of the aid offered must be returned to the Financial Aid Office by the student.

2. The Financial Aid Office shall be responsible for the general processing of all departmental scholarship funds, athletic awards and all other financial aid funds at Duquesne University. Selection of candidates for certain designated awards are to be made by the appropriate department; however, the selection should be made sufficiently early to permit inclusion of the award in the financial aid package for all students receiving financial aid. Departmental awards made after the students’ aid packages have been established may require adjustment to those packages.

3. At times, scholarships and other funds from outside the University are received directly by offices other than the Financial Aid Office for credit to specific student accounts. Copies of such notices should be sent to the Financial Aid Office for processing.

4. An individual student file is maintained by the Financial Aid Office for each student receiving assistance of any kind at the University. This record shall indicate the total of the student’s needs and the types and amounts of all assistance received.

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