University of Delaware

Announcements

Freshman award notices will be available through My Blue Hen Home by mid-February.

File the Free Application for Federal Student Aid (FAFSA) to be considered for all sources of aid.

Announcements
Student Financial Services

 

Congratulations to our newly admitted students!

Commitment to Delawareans Right to Know New Student Orientation First Year Experience

Financial Aid

Financial aid offered through the University of Delaware includes scholarships, need-based grants, loans and work study. To be considered for all types of financial aid, a completed Free Application for Federal Student Aid (FAFSA) is required.

Scholarships

All students who apply to the University of Delaware by the January 15th priority deadline are considered for scholarships (no special application is required). These are merit-based awards that do not need to be repaid. You can find additional information on types and amounts of academic scholarships on the Admissions site


Need-Based Grants

Need-based grants are awarded to students based on information supplied on the student's FAFSA. Like scholarships, grants do not require repayment but can change from year to year depending on the FAFSA information. Students should file the FAFSA using UD's school code of 001431 by January 15th to ensure the most timely notification of financial aid eligibility. See the Admissions site for more information on need-based grants.


Educational Loans

While students will generally be eligible for federal loans, the amounts they can borrow are limited. As a result, many families will explore other loan sources to help offset college costs. The most common types of these loans are the Federal Parent PLUS Loan and alternative loans through private lenders. As a reminder, all loans require repayment

Federal Direct Loan

Student who file the FAFSA may take advantage of the Federal Direct Loan program to offset a portion of their educational costs. Borrowing levels range from $5,500 in a student's freshman year to $7,500 in the junior/senior years. The Federal Direct Loan is offered through the federal government at a fixed interest rate and does not require a credit check. Depending on a student's cost and FAFSA information, the federal government may cover (or subsidize) the interest payments while the student is enrolled at least half time.


Parent PLUS Loan

Parents of dependent undergraduate students may apply for the Federal Direct Parent PLUS Loan to cover educational expenses that are not covered by other aid in your financial aid award. As with the student Federal Direct Loan, you must have a valid FAFSA on file for the academic year for which you are applying the PLUS loan. The Parent PLUS Loan is offered through the federal government at a fixed interest rate and requires a credit check. For additional details on the Parent PLUS Loan program, including application steps, view our Parent PLUS Loan Supplement.

  • Application Process: Apply online at studentloans.gov
  • Application Timing:
    • Fall Admits: Apply on or after April 15th prior to the fall semester

Alternative Loans

Families may also borrow educational loans through private lenders to help cover educational expenses. These loans are backed by various bank lenders and are generally offered at variable interest rates. Since most lenders require that borrowers have good credit to be eligible for the loans, parents/guardians/friends may need to cosign on the student's educational loan application.

While the University does not endorse any specific lender, we provide a sampling here to help you start exploring these options.

  • Application Process: Apply directly through your lender's website
  • Application Timing:
    • Fall Admits: Apply on or after April 15th prior to the fall semester

Federal Work-Study Program

The Federal Work-Study Program (FWSP) provides part-time jobs during the academic year for students who have financial need and who wish to earn money to offset a portion of their educational expenses. Jobs may be on or off campus with a public or private nonprofit agency, including jobs in community service areas. Students eligible for these awards will see them reflected in the financial aid award notice.


Outside Scholarships

Students are encouraged to search and apply for scholarships from sources outside the University. Each year UD students receive thousands of outside scholarships that help defray their educational costs.

Outside scholarship checks are generally sent to SFS for processing. Unless specifically stated by the donor of the outside scholarship in a letter to the University of Delaware, outside scholarships are treated like any other financial aid and will be split equally between the fall and spring semesters.