Undergraduate Financial Aid
Award Procedures


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Financial Aid awards will be made only after the FAFSA results have been sent to DBU via a FAFSA and the DBU SUPPLEMENTAL APPLICATION FOR FEDERAL STUDENT AID has been completed. If a student's record is selected for verification (a review of the FAFSA data), all required documentation and corrected FAFSA information must be received before the application process is complete. Only when these are done is a student's financial aid file considered full and complete.

For financial aid programs in which need is the factor in determining eligibility, the Federal Pell Grant is awarded first. After the Federal Pell Grant, outside and institutional scholarships are awarded if the student qualifies. Then any gift aid, such as outside scholarships and Church Match Gifts are awarded.

After gift aid sources have been applied, then additional awards are packaged from self-help types of aid (employment and loans). Student employment is considered if the student worked in the prior year or requested work-study on his/her DBU financial aid application. Generally, work-study is awarded if funds exist, unless it would be impractical for the student to work because of limited eligibility.

When eligibility for all other funds have been exhausted or when all other funds have been encumbered, loans will be awarded to fill the remaining unmet need, or cost of attendance.

An Award Letter is then mailed to the student, as well as posted to WedAdvisor.  This Award Letter contains the names and amounts of the financial aid awards that the student is eligible to receive. The notice also contains important information about restrictions and conditions that can affect the ability of the student to receive the amounts awarded. It should be read carefully.


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Undergraduate Financial Aid
Eligibility
Application Process
Student Rights and Responsibilities
Priority Dates/Deadlines
Policies and Procedures
Award Procedures
Renewal of Aid
Determination of Aid
Financial Aid and Academic Load
Satisfactory Academic Progress
Financial Aid Refund Policy
Financial Information


 
 

 

 
 
 
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