Announcements

Please note at this point all accounts must be clear prior to registering for future terms.  (Due Dates)

Admitted Students: Click here to view our New Student Information site.

Click here for important updates for 2013-2014.

Announcements
""

Forms
  Right to Know
Family Educational Rights and Privacy Act  Commitment to Delawareans

""

Top Financial Services Questions

As a graduating senior, do I have to complete any financial requirements?

Congratulations on your graduation! While there are no additional fees to confer your degree, prior to graduation you should check My Finances to ensure there is not an outstanding balance on your student account. Any remaining balance on the account will create a hold which will block all transcript requests, and you receiving your degree.

If you received Federal Direct Subsidized/Unsubsidized loans while attending the University, you need to complete Exit Counseling. To complete, log in to www.studentloans.gov with your student PIN from the FAFSA, click "Complete Counseling", and select "Exit"

If you received the Federal Perkins while attending the University, you need to complete an Exit Interview. To complete, go to www.uasexit.com and follow the prompts.

When will I be notified of my financial aid eligibility for the upcoming year?

Notification of a students' financial aid eligibility differs based on whether the student is an admitted freshman, returning, transfer, or graduate student. For specific applications, application dates, and notification dates, click on your population below:

FAFSA FAFSA

*Freshmen who have been admitted by March 1st and filed a FAFSA by the February 15th deadline should expect to see their Financial Aid Award Package by mid-March. Freshman who have been admitted by April 1st and filed their FAFSA by the recommended deadline should expect to see their Financial Aid Award Package by mid-April.

FAFSA FAFSA

*A limited number of endowed scholarships can be found under 'Other UD' here. Application is required and the deadline is June 15th. Notification will be issued by Mid-July.

FAFSA FAFSA FAFSA FAFSA

FAFSA FAFSA

When should I start applying for loans for next academic year?

Students can start obtaining funding for the 2014-2015 academic year as of April 15th, 2014. As tuition rates are not finalized until after July 1st, we recommend selecting the option "Up to the Cost of Attendance", or "Maximum amount" to ensure that enough funding is obtained. While we have the ability to reduce the amount borrowed, we can never increase a loan. If you selected one of the options above, your Financial Aid Award will state the total amount of the loan. At that time, if you choose to decrease the amount of the loan, you may send us an email to do so at sfs-advisor@udel.edu.

Can I use financial aid for off-campus housing or how is aid affected?

Students receiving financial aid are given a Cost-of-Attendance budget (COA), which includes an allotment for tuition, fees, room and board, and miscellaneous living expenses. This allotment for room and board, which is the same for students living either on or off campus, allows students living in off-campus housing to utilize financial aid to cover the cost.

Financial aid received in excess of billed charges on the student account will create a credit balance, which the student can request as a refund to pay off-campus expenses (e.g., rent, utilities, groceries, etc.). Please note that refunds are not available before the first day of class for each term. Depending on the timing of the lease, you may need to pay some expenses out of pocket until a refund is able to be processed.

Delaware Residents: Funding received through the Commitment to Delawareans grant is calculated on documented need as determined from the FAFSA and the student's COA. If a student is receiving Commitment funding and chooses to move off campus, this will drastically reduce, if not eliminate, the student's eligibility to receive these funds.

My financial aid does not meet my expenses. What are my options?

The funding provided through your financial aid will often not meet the total amount of your expenses for a given year. Financing for the remainder of costs may be obtained through educational loans. The Federal Direct PLUS loan, which is in the name of the parent, can be obtained on behalf of the student. Other loan options, referred to as "alternative loans", are non-federal loans, obtained through private lenders, and completed in the name of the student. Lenders typically require a cosigner for approval of these loan options. Information about both types of loan programs can be found here.

How do I request a review of Summer aid eligibility?

Students whose final enrollment in a single session will be at least 6 credit hours may request any remaining Federal student loans from the academic year for that session. If you are interested in being awarded this additional loan eligibility in Summer, you may submit a request. Within 5-7 business days after you submit your request, your updated financial aid package will be available for review through UDSIS to view/accept your financial aid. In addition, your parents may also apply for a Parent PLUS Loan to cover your costs.

If you plan to enroll in fewer than 6 credit hours, financial aid options would include alternative loans that do not require a student to attend greater than half time. You can find information on various alternative lender options, including links to the loan applications, here. We will receive confirmation from the lender if you are approved and package you at that time.

Note that Summer Session charges are assessed in mid-May and are due by June 9, 2014. For those students who register after this date, payment is due upon registration.


SFS Yearly Calendar

Calendar Image

Click the calendar to review key dates for financial aid processing, billing and payment, registration, and SFS presentations.

Important Announcements

Student Health Insurance:
As of Fall 2013, all full-time students are required to have health insurance and must verify their coverage at the beginning of each academic year. Students can waive (if already covered under their own plan or a parent's) or enroll in UD's Student Health Insurance Plan (if not already covered) by visiting www.universityhealthplans.com. Students who do not waive by the end of the fall semester free drop/add date (or spring semester free drop/add if starting in the spring) will be enrolled automatically in the UD Plan and will be responsible for associated charges. Please visit www.udel.edu/studentinsurance for more details regarding this requirement.

Important Changes to Federal Financial Aid for 2013-2014 Academic Year:
Effective July 1, 2013, there will be changes to financial aid programs due to changes in federal regulations that may affect you. Click here for a summary of changes for 2013-2014. We recommend you review these changes carefully and plan ahead for your educational future. If you have questions or concerns, please contact us using our feature.

Other Useful Information

Summer Session Financial Aid:
Students whose final enrollment will be at least 6 credit hours may request any remaining Federal student loans from the academic year. If you are interested in being awarded this additional loan eligibility in Summer, you will be able to submit a request for SFS to review your aid eligibility in late April. In addition, your parents may also apply for a Parent PLUS Loan to cover your costs.

If you plan to enroll in fewer than 6 credit hours, financial aid options would include alternative loans that do not require a student to attend greater than half time. You can find information on various alternative lender options, including links to the loan applications, here. We will receive confirmation from the lender if you are approved and package you at that time.

Note that Summer Session charges are assessed in mid-May and are due by June 9, 2014. For those students who register after this date, payment is due upon registration.

Federal Loan Exit Counseling:
Students who will not be registered at least half-time in the fall and who have borrowed federal educational loans are required to complete a process known as Exit Counseling. Students can complete this process at http://www.nslds.ed.gov/nslds_SA/ and may contact the Federal Direct Loans group (800-848-0979) with any questions.




*