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Financial Aid Procedures

Below is a description of the process a new student at DeVry should follow in order to properly apply for Financial Aid. If the student has any questions about any of these steps or any issue about financial aid he/she may speak with a Financial Aid Advisor. For a more detailed explanation of the financial aid process please visit DeVry Inc.'s Student Finance Page.

Step 1
Speak with a financial aid advisor at the school

After you have completed your admission process your admissions representative should take you to speak with a financial aid advisor. The Financial Aid Advisor will sit down with you and explain your financial aid options. The Advisor will also give you a financial aid packet that contains all the paper work you will need to fill out.

Step 2
Complete the Free Application for Federal Student Aid (FAFSA)

Inside your financial aid packet will be a FAFSA form that you must complete to be eligible for financial aid. You may fill out the form in your packet and mail it too the U.S. Department of Education with the envelope provided or you may fill out the form on the Web. If you use the Web to fill out your FAFSA form your FAFSA form will be processed faster.

FAFSA On The Web

Step 3
Complete the DeVry EDUCARD Agreement and Information and Authorization Form

Inside your your financial aid packet you will find an EDUCARD Agreement form and an Information Authorization form. Fill both of these forms out and return them to the Financial Aid Office.

Step 4
Complete the Federal Stafford Loan and/or Federal Parent PLUS Loan Application

Inside you financial aid packet you will find a Federal Stafford Loan Application and a Federal Parent PLUS Loan Application. If you are an independent student (determined when you filled out the FAFSA form) you only need to fill out the Federal Stafford Loan application. If you are a dependent student you need to have your parents fill out the Federal Parent PLUS Loan application. Dependent students should also fill out the Stafford Loan application. These forms may also be filled out on the Web. As with the FAFSA form application submitted on the Web will be processed faster.

Federal Stafford and Parent PLUS Loans on the Web

Step 5
Complete the Loan Entrance Counseling

The final thing a new student must do to receive financial aid is complete Loan Entrance Counseling. This may be done on the web or if you desire you may speak with your Financial Aid advisor on campus to complete your Loan Entrance Counseling.

Loan Entrance Counseling on the Web

 


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