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HOW TO APPLY FOR FINANCIAL AID. 

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YOUR DEGREE IS WITHIN REACH.

At DeVry University, we want to make investing in your future as affordable as possible. We’re ready to work with you to understand our Tuition and Expenses, and help you discover the range of financial aid options available to you.

Learn if you qualify for any of our cost-saving opportunities, such as scholarships and grants. In addition, you may qualify for corporate tuition savings programs, work-study programs, state and federal grants or student loans.

Federal financial aid can help you afford college, and completing an application is important even if you do not qualify for aid. Your Free Application for Federal Student Aid (FAFSA®) results may also be used to determine your eligibility for certain grants, loans and scholarships.

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CLASSES START JULY 8, 2019.

Questions about the Financial Aid process? We can help with your FAFSA®—and identify ways to make earning your degree more affordable. Let’s get you on your way to achieving your goals.

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FIND OUT MORE ABOUT YOUR FINANCIAL AID OPTIONS AND THE APPLICATION PROCESS BELOW OR CONTACT US FOR ASSISTANCE.

 

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APPLY FOR FINANCIAL AID.

Our 5-step application process can make submitting your application easier. 

1. CHECK YOUR ELIGIBILITY

To qualify for financial assistance, you must:

  • Enroll as a degree-seeking student
  • Be a U.S. citizen or an eligible noncitizen
  • Maintain satisfactory academic progress
  • Not be in default on a federal educational loan
  • Not owe an overpayment on a federal educational grant or loan
  • Register with Selective Service (if you are a male born on or after January 1, 1960, over 18 years of age and not currently in the armed forces)
  • Have a high school diploma or equivalent

2. DETERMINE YOUR DEPENDENCY STATUS (UNDERGRADUATE STUDENTS ONLY)

The federal government has established how dependency status is determined for federal financial aid purposes. If you are considered dependent, your parent(s) income and asset information must be included on your FAFSA®. This information will be used in addition to your information to determine your eligibility. Answering “yes” to any of the following questions means you are an independent student for 2019-2020:

  • Were you born before January 1, 1996?
  • As of today, are you married?
  • At the beginning of the 2019-2020 school year (July 1, 2019 to June 30, 2020), will you be working on a master’s or doctorate program?
  • Are you currently serving on active duty in the U.S. Armed Forces for purposes other than training?
  • Are you a veteran of the U.S. armed forces?
  • Do you have children who will receive more than half of their support from you between July 1, 2019 and June 30, 2020?
  • Do you have dependents (other than your children or spouse) who live with you and who receive more than half of their support from you, now and through June 30, 2020?
  • When you were age 13 or older, were both your parents deceased, were you in foster care or were you a dependent/ward of the court?
  • Are you or were you an emancipated minor or in legal guardianship as determined by a court in your state of legal residence?
  • At any time on or after July 1, 2018, were you an unaccompanied youth who was homeless or at risk of being homeless?

3. GATHER DOCUMENTS AND COMPLETE YOUR FAFSA®

Apply for your Federal Student Aid ID

In order to apply for federal financial aid you need a federal student aid ID. To apply for your FSA ID, visit: fsaid.ed.gov. If you do not already have a FSA ID or forgot your FSA ID, visit fsaid.ed.gov and follow the on-screen instructions.

If you are a dependent student, both you and a parent will need an ID to electronically sign your FAFSA®.

Gather financial documents needed to complete your application:

  • Social Security Number and Driver’s License (or state ID) for you and for your parent(s) if you are a dependent student
  • If you are not a U.S. citizen, documentation of your eligible noncitizen status

The FAFSA® becomes available every October 1st. Students are encouraged to apply for financial aid every year by the priority deadline of March 1st. If the priority deadline is not met, students may still apply until June 30 of that academic year. Funding may be exhausted for certain aid programs as it is awarded on a first come, first served bases. For 2019-2020 Federal and State Aid specific deadlines visit studentaid.ed.gov.

Students should complete the 2019-2020 FAFSA® using 2017 Income Tax Information.

2017 Income and Tax Information

You and your parent(s) (or spouse) can access 2017 IRS tax return information to complete your 2019-2020 FAFSA®.

You may also need records of your parents’ income (if you are a dependent student). Please use the following as a guide to help gather your documents:

  • Your 2017 federal income tax return (and your spouse’s, if married)
  • Parents’ 2017 federal income tax return (if you are a dependent student)
  • W-2 forms or other records of income earned
  • Records of other untaxed income received, such as welfare benefits, Social Security, military or clergy allowances
  • Current bank statements and records of stocks, bonds and other investments
  • Business or farm records, if applicable

Complete the FAFSA®

To complete your FAFSA® online, visit FAFSA®.ed.gov. The FAFSA® school code for DeVry University and its Keller Graduate School of Management is 010727. If you would like a preview of the questions you may be asked on the FAFSA®, you can review the 2019-2020 FAFSA® on the Web Worksheet on the FAFSA® website.

After completing your FAFSA®, print the FAFSA® Confirmation Page for your records. If you have already completed a FAFSA® for another school, click on “Make a Correction to a Processed FAFSA®” and add our school code – 010727.

4. MEET WITH A DEVRY OR KELLER STUDENT SUPPORT ADVISOR

Call 877-496-9050 to schedule an appointment with a Student Support Advisor or visit a nearby campus location. Your Advisor will discuss your personalized financial plan. We’re here to help you make sense of the financial aid application process and secure the financial assistance you need to make college more affordable.

5. SECURE YOUR LOANS

To secure your Federal Student Loans, the U.S. Department of Education requires all borrowers to complete Federal Direct Loan Entrance Counseling and sign a Master Promissory Note.

Complete Direct Loan Entrance Counseling online at studentloans.gov:

  1. Sign-in using your Federal Student Aid PIN
  2. Click on “Complete Entrance Counseling”
  3. In the School and Loan Information section, choose “Illinois” to find DeVry University and its Keller Graduate School of Management

Complete the Federal Direct Subsidized/Unsubsidized Loan Master Promissory Note (MPN) online at studentloans.gov:

  1. Sign-in using your Federal Student Aid PIN
  2. Click on “Complete Master Promissory Note”
  3. Select “Subsidized/Unsubsidized”
  4. In the School and Loan information section, choose Illinois to find DeVry University

FINANCIAL AID INFORMATION VERIFICATION

The federal government requires DeVry and DeVry’s Keller Graduate School of Management to verify the accuracy of information on certain federal student aid applications. Selected applicants must submit requested documentation before awarded need based aid is disbursed. Students, and parents of dependent students, may be required to submit a copy of their prior-year federal income tax documentation and additional household information. Other documents may also be required. If information on any of the documents conflicts with what was reported on the application, students may be required to provide additional information to resolve the conflict. Failure to do so will result in loss or nonreceipt of need based aid.

SETUP YOUR PROFILE

Review your Student Account information by logging into learn.devry.edu or learn.keller.edu. In the Student Finance Section, is an expandable right-hand menu provides options to set up payments or sign up for a payment plan, set up direct deposit, and manage account authorizations like electronic 1098-T notifications. Please note, many of these items will open in a new window, so you may need to review your pop-up blockers.

The Student Finance team will contact you if additional documentation is required. Please forward all requested documentation to Student Finance via fax at 888-543-3879.

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OPTIONS TO MANAGE YOUR TUITION COSTS.

In addition to Financial Aid, DeVry offers several other ways to help make your education more affordable:

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CALCULATE YOUR ESTIMATED COST OF EDUCATION.

Our Net Price Calculator can help you estimate your tuition costs along with any financial aid for which you may qualify, giving you a clearer view of your cost of education at DeVry.

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FINANCIAL AID FAQS

When you complete the Free Application for Federal Student Aid (FAFSA®), the federal government sends your FAFSA® information to the DeVry University Student Finance Office. Our student finance professionals use this information to assess your need based on a federally defined methodology.

 

WHAT IS INCLUDED IN A FINANCIAL AID AWARD?

Your personalized financial plan may consist of several types of aid such as grants, loans, scholarships or self-help aid.

 

WHEN DO I NEED TO COMPLETE THE FINANCIAL AID PROCESS?

Students should apply for financial aid  as soon as possible each year. The FAFSA® is available on October 1st.

 

HOW WILL MY FINANCIAL AID CHANGE IF I RECEIVE A SCHOLARSHIP OR GRANT?

We encourage you to investigate all possibilities for assistance, including outside scholarships from corporations and private organizations and state-funded programs . If you receive such awards, your Financial Aid award may be revised to reduce or remove your loans.

 

WHAT IF I DON’T QUALIFY FOR NEED-BASED AID?

Students who do not receive need-based financial aid awards are still eligible to apply for other loans, payment plans and parent loans. These are all made available to help families fit tuition payments into their budgets more easily. 

 

WHAT IF MY PERSONAL OR FINANCIAL INFORMATION CHANGES AFTER I COMPLETE THE FINANCIAL AID PROCESS?

Federal regulations allow aid administrators to consider extenuating circumstances when calculating aid eligibility, especially if your situation changes during the application process. If you or your family experiences any of the following, please contact your Student Support Advisor and submit an appeal to your DeVry University Student Central Office.

  1. Death of a parent or spouse
  2. Physical impairment
  3. Divorce or separation
  4. Unusual medical or dental expenses
  5. Recent loss of employment
  6. Dramatic change in income

 

HOW DO I OBTAIN MORE INFORMATION ABOUT EDUCATION TAX CREDITS?

You may be eligible for credit that could save you money at tax time. To learn about education tax credits and other tax information for students please visit www.irs.gov.

 

WHAT HAPPENS TO MY FINANCIAL AID IF I WITHDRAW?

According to federal regulations, a federal refund calculation must be performed if a student withdraws completely from all classes after the start of the enrollment period. For more details, contact your Student Support Advisor or reference the Federal Return of Funds Policy in our academic catalog. 

 

WHAT HAPPENS TO MY LOAN IF I NEED TO TAKE A SEMESTER OFF?

When a student is unable to attend a term, future disbursements are canceled. You must submit a request to have your loan reinstated to the DeVry University Student Finance Office.

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