Financial Aid FAQ's

Determination of Financial Aid

After the Office of Financial Aid has received a student's FAFSA information and DBU Supplemental Application for Financial Aid, the student's financial need and types of awards for which he/she qualifies may then be determined.

The Office of Financial Aid, working within the Federal government's policies set to measure need, determines the student's "financial need" using the following formula:

             

As illustrated above, the Federal formula compares a family's income and savings to the cost of attendance for the college the student plans to attend. If a student is determined to demonstrate financial need, the Office of Financial Aid then makes every effort to assist the student in meeting his/her determined financial need using all resources available. Both need-based and non-need based aid -in the form of Federal and State programs, as well as institutional aid, could be available to meet that need.

Financial Aid Counselors are available to discuss any question a student or his/her family may have regarding the student or family's financial situation.
Financial Aid Forms Questions about Fees & Payments Contact Financial Aid

                                               

Again this year, the Federal government is offering a number of tax incentives

(some of which were set to go away)

that could help lower the cost of higher education for some families.

Follow the link below to learn about some of these incentives that may be available to you as you prepare your 2016 axes.

 

Tax Incentives for the 2016 Tax Year

 

Early FAFSA and Prior-Prior Year (PPY) Ready to Apply? Financial Aid Questions? Thinking About DBU? Grants Scholarships Loans Tuition & Housing Costs

Information regarding specific yearly amounts for each Federal Aid program is available in the FINANCIAL AID STUDENT GUIDE, published annually by the US Department of Education.

Click HERE to view that publication online.