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.
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. |