Second Degree Nursing - Duquesne University · 2020. 6. 17. · Second Degree Nursing Financial Aid...
Transcript of Second Degree Nursing - Duquesne University · 2020. 6. 17. · Second Degree Nursing Financial Aid...
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Second Degree NursingFinancial Aid Information2020-2021Academic Year
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Applying for Financial Aid• START HERE: https://duq.edu/admissions-and-aid/financial-aid/applying to complete
your FAFSA on line for 2020-2021
• Obtain your Federal Student Aid ID (FSAID) - https://studentaid.ed.gov/sa/.
• Apply before the priority deadline of May 1, 2020
• Federal school code 003258
• 2018 Federal Income Tax Information – Use Data Retrieval Tool to transfer the
information on to your FAFSA
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Apply for your FSA IDStudents and parents (if applicable) create their own username and password
Email, Username and Password
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Studentaid.gov
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Determining your grade level# 29 - 5th year/other undergraduate #30 – 2nd bachelor’s degree
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Determining your Financial Aid Dependency Status
• Independent- you answered YES to any of the questions in STEP #3 (Questions 45-57)You do not need parental info on the FAFSA
• Dependent- you answered NO to all of the questions in STEP #3 (Questions 45-57)You must answer all questions relating to parental info on the FAFSA
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Loan DetailsFor Dependent Students
• Stafford Loans won’t exceed $7,500 per year – Not everyone’s eligibility will be the same. Eligibility is based on prior borrowing history.
• Aggregate Stafford Loan limits $31,000 – If student has reached their UG lifetime Loan Limit, there will not be any additional eligibility for fall-spring-summer.
• Federal Regulations define an Academic Year as fall-spring-summer.• Duquesne’s regular Academic Year runs fall-spring.
• Summer will always a SEPARATE semester – if students use all of their Stafford loan eligibility for fall-spring, no Federal Stafford Loan funds will be available for summer.
View total borrowing for Federal Loans at https://studentaid.gov/h/manage-loans
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Loan DetailsFor Independent Students
• Stafford Loans won’t exceed $12,500 per year – Not everyone’s eligibility for loans will be the same. Eligibility is based on previous borrowing history.
• Aggregate Stafford Loan limits $57,500 – if student has reached this amount, there will be no loan eligibility remaining.
• Federal Regulations define an Academic Year as fall-spring-summer.• Duquesne’s regular Academic Year runs fall-spring.
• Summer will always a SEPARATE semester – if students use all of their Stafford loan eligibility for fall-spring, no Federal Stafford Loan funds will be available for summer
View Total Borrowing for Federal Loans at https://studentaid.gov/h/manage-loans
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2019-2020 Program CostsDependent Student Scenario – 12 month track
Fall Tuition Spring Tuition Summer Tuition$17,612 $17,612 $17,612
+ $1,565 Technology fee + $ 1,565 Technology fee + $0 Technology feeTotal Cost = $19,177 $19,177 $17,612
Fall Financial Aid Spring Financial Aid Summer Financial Aid$ 1,979 $ 1,978 Stafford Loan $ 0 * Stafford Loan
- $ 1,666 tuition award - $ 1,666 tuition award - $ 1,668 tuition awardBalance due = $15,532 $15,532 $15,944
* This scenario assumes that student has borrowed their maximum loan limits for their 4-year undergraduate degreefor a total of $27,000 out of a lifetime limit of $31,000 - leaving a remaining $4,000 of eligibility
Dependent students will have the options to cover the balance due via self-payments, the Federal Parent PLUS Loan or through Private Education Loans. NOTE: A credit-worthy cosigner may be required by the lender.
All students should investigate and secure financing prior to the start of the program.
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2019-2020 Program CostsDependent Student Scenario – 16 month track
Fall Tuition Spring Tuition Summer Tuition Fall Tuition$13,210 $13,210 $13,210 $13,210
+ $ 1,565 Tech fee + $ 1,565 Tech fee + $ 0 Tech fee + $ 110 Tech FeeTotal Due = $14,775 $14,775 $13,210 $13,320
Fall Financial Aid Spring Financial Aid Summer Financial Aid Fall Financial Aid$1,979 Stafford loan $1,978 Stafford Loan $0 $0 *
- $1,250 tuition award - $1,250 tuition award - $1,250 tuition award - $1,250 tuition awardBalance due $11,546 $11,547 $11,960 $12,070
* Reached Undergrad loan limit of $31,000
This scenario assumes that student has borrowed their maximum loan limits for their 4-year undergraduate degreefor a total of $27,000 out of a lifetime limit of $31,000 - leaving a remaining $4,000 of eligibility
Dependent students will have the options to cover the balance due via self-payments, the Federal Parent PLUS Loanor through Private Education Loans. NOTE: A credit-worthy cosigner may be required by the lender.
All students should investigate and secure financing prior to the start of the program.
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2019-2020 Program CostsIndependent Student Scenario – 12 month track
Fall Tuition Spring Tuition Summer Tuition$17,612 $17,612 $17,612
+ $ 1,565 Technology fee $ 1,565 Technology fee $0 Technology feeTotal = $19,177 $19,177 $17,612
Fall Financial Aid Spring Financial Aid Summer Financial Aid$6,183 Stafford loan $6,183 Stafford loan $0 Stafford loan
- $1,666 tuition award - $1,666 tuition award - $1,668 tuition awardBalance due = $11,328 $11,328 $15,944
This scenario assumes that student has not reached their lifetime aggregate limit of $57,500
Independent students will have the options to cover the balance due via self-payments or through Private Education Loans. NOTE: A credit-worthy cosigner may be required by the lender.
All students should investigate and secure financing prior to the start of the program.
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Independent Student Scenario – 16 month trackFall Tuition Spring Tuition Summer Tuition Fall Tuition
$13,210 $13,210 $13,210 $13,210+ $ 1,565 Tech fee $ 1,565 Tech fee $ 0 Tech fee $ 110 Tech Fee
Total = $14,775 $14,775 $13,210 $13,210
Fall Financial Aid Spring Financial Aid Summer Financial Aid Fall Financial Aid$6,183 Stafford Loan $6,183 Stafford Loan $0 Stafford Loan $6,183 Stafford loan
- $1,250 tuition award - $1,250 tuition award - $1,250 tuition award - $1,250 tuition awardBalance Due = $7,342 $7,342 $11,960 $5,777
This scenario assumes that student has not reached their lifetime aggregate limit of $57,500
Independent students will have the options to cover the balance due via self-payments or through Private Education Loans. NOTE: A credit-worthy cosigner may be required by the lender.
All students should investigate and secure financing prior to the start of the program.
2019-2020 Program Costs
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Financing Your Balance through other options• Look for potential outside scholarships on the web, local community foundations, nursing and/or health
professions-related websites: Links available here: https://duq.edu/academics/schools/nursing/undergraduate-programs/tuition-and-financial-aid
• College Savings Plans – 529 Plans
• Monthly Payment Plan:
• INDEPENDENT STUDENTS: Private Health Professions Education Loan – Students may need to secure a credit-worthy cosigner. APPLY EARLY in the summer to ensure your approval of these types of loans. Information available through ELM Select: https://www.duq.edu/admissions-and-aid/financial-aid/loans.
• DEPENDENT STUDENTS ONLY: Federal Direct Parent PLUS Loan https://studentaid.gov/app/launchPLUS.action?plusType=parentPlus
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Required Loan DocumentsFederal Loan Applications & Entrance Loan Counseling
• Go to https://studentaid.gov/h/manage-loans to complete your:Master Promissory Note and Entrance Loan Counseling
• Refer to DU Undergraduate Financial Aid Instructions, Terms, and Conditions 2020-2021 for additional requirements available here: https://duq.edu/admissions-and-aid/financial-aid/applying
• Call the Financial Aid Office with questions 412/396-6607 or email us at [email protected].
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Financial Aid Office
Hours: Monday – Friday 8:30 am – 4:30 pmPhone: 412/396-6607Fax: 412/396-5284
Email: [email protected] website: duq.edu/admissions-and-aid
Mark Moore Last names: A – D Alison Wojcik Last names: L - QAlison Petrucci Last names: E - K Jim Zuzack Last names: R - Z
Contact Information