Once a Financial Aid Award Notice has been presented (Mid March), any steps required to finalize your financial aid will appear on your "To Do" list. Your "To Do" list, which can be found on your My Blue Hen Home portal and, subsequently, on UDSIS and My Finances. Below are some of the requirements for finalizing various types of financial aid:
Note: Completion of the following requirements serves as your acceptance of these loans. If you do not plan on using the federal loans offered, you can decline them from your My Blue Hen Home account. Because final rates are not set until July for the upcoming semester, most families wait until July before making a decision on their loans.
Federal Direct Loans require that new borrowers complete both a Master Promissory Note as well as Entrance Counseling. This can be done by logging in with your FAFSA PIN at studentloans.gov.
Federal Perkins Loans also require that a Perkins Master Promissory Note be completed. You can complete your Perkins Loan MPN from your UDSIS Student Service Center from the Accept/Decline Awards option in July. There is a specific link at the bottom of the page, labeled Perkins Note, that is used to submit your agreement to that loan.
Federal Parent PLUS Loans must have a Parent PLUS Loan MPN completed after the credit approval has been granted. Parents can do this from the Direct Lending website at studentloans.gov.
Federal Verification is a review process in which the University of Delaware, as required by the U.S. Department of Education, must verify the accuracy of the information provided on a student's FAFSA. FAFSA applications are randomly selected by the Federal processor for verification.
Federal programs such as the Federal Pell Grant, Federal SEOG Grant, Federal Perkins Loan, Federal Work-Study and the Federal Direct Subsidized Loan Program have strict eligibility requirements. University and state funding awarded based on need may also be affected.
Initial financial aid awards are based on the most current information we have on file for you at that time. If the tax and household information differs from the information reported on the student's FAFSA, financial aid could be increased, decreased, or cancelled entirely.
All required verification documents will be listed on your "To Do" list and should be forwarded to Student Financial Services as soon as possible after they are requested. Failure to do so may result in reduction and/or cancellation of any need-based federally, state, or University funded financial aid. Note: Students will also be notified of verification requirements and any additional follow up documents via email. For a complete list of items the University is required to verify, click here.
A Special Note on Tax Information
The University may require you to supply tax information as part of the verification process. The quickest and simplest way to do this is to use the IRS Data Retrieval Tool (DRT). Families interested in using the IRS DRT should select that option on their FAFSA at www.fafsa.ed.gov.
Student must complete any requirement such a Verification Audit prior to a job placement offer. Additional information will be provided on student's checklists prior to the start of classes.
We strive to offer families the best financial aid awards within the availability of institutional funding levels, guidelines of federal financial aid awarding rules and funding levels, and the strength and number of our student body. Students and parents can request a review of their financial aid award(s) under the following circumstances:
University scholarships are awarded as part of the admission process and are based on a combination of academic and extracurricular achievements. Students awarded scholarships are notified shortly after receiving their offer of admission. Students can request a review of their University scholarship eligibility here; the Scholarship Committee will generally be looking for additional information not considered as part of the admission application.
Need-based aid (including grant funds) are based in part on information you supplied on your Free Application for Federal Student Aid (FAFSA). In order to review an appeal for need-based aid, your family will have to document that your financial situation has changed since submitting the FAFSA, or that the FAFSA does not truly reflect your financial strength. Please click here to determine whether or not you would be a candidate for a need-based grant appeal.
Please note: At this time the Special Circumstance Appeal process will only be considered if you or your parent(s) have separated/divorced or have experienced the death of a wage earner since filing the 2015-2016 FAFSA.
Students classified as dependent may petition/appeal to be reclassified as independent based on documented adverse family circumstances.
Please submit the dependency appeal when a situation exists in your family that makes it unreasonable or impossible for you to obtain your parent's income and asset information.