Second Degree NursingFinancial Aid Information2020-2021Academic Year

Applying for Financial Aid• START HERE: https://duq.edu/admissions-and-aid/financial-aid/applying to complete

your FAFSA on line for 2020-2021

• Obtain your Federal Student Aid ID (FSAID) - https://studentaid.ed.gov/sa/.

• Apply before the priority deadline of May 1, 2020

• Federal school code 003258

• 2018 Federal Income Tax Information – Use Data Retrieval Tool to transfer the

information on to your FAFSA

Apply for your FSA IDStudents and parents (if applicable) create their own username and password

Email, Username and Password

Studentaid.gov

Determining your grade level# 29 - 5th year/other undergraduate #30 – 2nd bachelor’s degree

Determining your Financial Aid Dependency Status

• Independent- you answered YES to any of the questions in STEP #3 (Questions 45-57)You do not need parental info on the FAFSA

• Dependent- you answered NO to all of the questions in STEP #3 (Questions 45-57)You must answer all questions relating to parental info on the FAFSA

Loan DetailsFor Dependent Students

• Stafford Loans won’t exceed $7,500 per year – Not everyone’s eligibility will be the same. Eligibility is based on prior borrowing history.

• Aggregate Stafford Loan limits $31,000 – If student has reached their UG lifetime Loan Limit, there will not be any additional eligibility for fall-spring-summer.

• Federal Regulations define an Academic Year as fall-spring-summer.• Duquesne’s regular Academic Year runs fall-spring.

• Summer will always a SEPARATE semester – if students use all of their Stafford loan eligibility for fall-spring, no Federal Stafford Loan funds will be available for summer.

View total borrowing for Federal Loans at https://studentaid.gov/h/manage-loans

Loan DetailsFor Independent Students

• Stafford Loans won’t exceed $12,500 per year – Not everyone’s eligibility for loans will be the same. Eligibility is based on previous borrowing history.

• Aggregate Stafford Loan limits $57,500 – if student has reached this amount, there will be no loan eligibility remaining.

• Federal Regulations define an Academic Year as fall-spring-summer.• Duquesne’s regular Academic Year runs fall-spring.

• Summer will always a SEPARATE semester – if students use all of their Stafford loan eligibility for fall-spring, no Federal Stafford Loan funds will be available for summer

View Total Borrowing for Federal Loans at https://studentaid.gov/h/manage-loans

https://studentaid.gov/h/manage-loans

2019-2020 Program CostsDependent Student Scenario – 12 month track

Fall Tuition Spring Tuition Summer Tuition$17,612 $17,612 $17,612

+ $1,565 Technology fee + $ 1,565 Technology fee + $0 Technology feeTotal Cost = $19,177 $19,177 $17,612

Fall Financial Aid Spring Financial Aid Summer Financial Aid$ 1,979 $ 1,978 Stafford Loan $ 0 * Stafford Loan

- $ 1,666 tuition award - $ 1,666 tuition award - $ 1,668 tuition awardBalance due = $15,532 $15,532 $15,944

* This scenario assumes that student has borrowed their maximum loan limits for their 4-year undergraduate degreefor a total of $27,000 out of a lifetime limit of $31,000 - leaving a remaining $4,000 of eligibility

Dependent students will have the options to cover the balance due via self-payments, the Federal Parent PLUS Loan or through Private Education Loans. NOTE: A credit-worthy cosigner may be required by the lender.

All students should investigate and secure financing prior to the start of the program.

2019-2020 Program CostsDependent Student Scenario – 16 month track

Fall Tuition Spring Tuition Summer Tuition Fall Tuition$13,210 $13,210 $13,210 $13,210

+ $ 1,565 Tech fee + $ 1,565 Tech fee + $ 0 Tech fee + $ 110 Tech FeeTotal Due = $14,775 $14,775 $13,210 $13,320

Fall Financial Aid Spring Financial Aid Summer Financial Aid Fall Financial Aid$1,979 Stafford loan $1,978 Stafford Loan $0 $0 *

- $1,250 tuition award - $1,250 tuition award - $1,250 tuition award - $1,250 tuition awardBalance due $11,546 $11,547 $11,960 $12,070

* Reached Undergrad loan limit of $31,000

This scenario assumes that student has borrowed their maximum loan limits for their 4-year undergraduate degreefor a total of $27,000 out of a lifetime limit of $31,000 - leaving a remaining $4,000 of eligibility

Dependent students will have the options to cover the balance due via self-payments, the Federal Parent PLUS Loanor through Private Education Loans. NOTE: A credit-worthy cosigner may be required by the lender.

All students should investigate and secure financing prior to the start of the program.

2019-2020 Program CostsIndependent Student Scenario – 12 month track

Fall Tuition Spring Tuition Summer Tuition$17,612 $17,612 $17,612

+ $ 1,565 Technology fee $ 1,565 Technology fee $0 Technology feeTotal = $19,177 $19,177 $17,612

Fall Financial Aid Spring Financial Aid Summer Financial Aid$6,183 Stafford loan $6,183 Stafford loan $0 Stafford loan

- $1,666 tuition award - $1,666 tuition award - $1,668 tuition awardBalance due = $11,328 $11,328 $15,944

This scenario assumes that student has not reached their lifetime aggregate limit of $57,500

Independent students will have the options to cover the balance due via self-payments or through Private Education Loans. NOTE: A credit-worthy cosigner may be required by the lender.

All students should investigate and secure financing prior to the start of the program.

Independent Student Scenario – 16 month trackFall Tuition Spring Tuition Summer Tuition Fall Tuition

$13,210 $13,210 $13,210 $13,210+ $ 1,565 Tech fee $ 1,565 Tech fee $ 0 Tech fee $ 110 Tech Fee

Total = $14,775 $14,775 $13,210 $13,210

Fall Financial Aid Spring Financial Aid Summer Financial Aid Fall Financial Aid$6,183 Stafford Loan $6,183 Stafford Loan $0 Stafford Loan $6,183 Stafford loan

- $1,250 tuition award - $1,250 tuition award - $1,250 tuition award - $1,250 tuition awardBalance Due = $7,342 $7,342 $11,960 $5,777

This scenario assumes that student has not reached their lifetime aggregate limit of $57,500

Independent students will have the options to cover the balance due via self-payments or through Private Education Loans. NOTE: A credit-worthy cosigner may be required by the lender.

All students should investigate and secure financing prior to the start of the program.

2019-2020 Program Costs

Financing Your Balance through other options• Look for potential outside scholarships on the web, local community foundations, nursing and/or health

professions-related websites: Links available here: https://duq.edu/academics/schools/nursing/undergraduate-programs/tuition-and-financial-aid

• College Savings Plans – 529 Plans

• Monthly Payment Plan:

• INDEPENDENT STUDENTS: Private Health Professions Education Loan – Students may need to secure a credit-worthy cosigner. APPLY EARLY in the summer to ensure your approval of these types of loans. Information available through ELM Select: https://www.duq.edu/admissions-and-aid/financial-aid/loans.

• DEPENDENT STUDENTS ONLY: Federal Direct Parent PLUS Loan https://studentaid.gov/app/launchPLUS.action?plusType=parentPlus

Required Loan DocumentsFederal Loan Applications & Entrance Loan Counseling

• Go to https://studentaid.gov/h/manage-loans to complete your:Master Promissory Note and Entrance Loan Counseling

• Refer to DU Undergraduate Financial Aid Instructions, Terms, and Conditions 2020-2021 for additional requirements available here: https://duq.edu/admissions-and-aid/financial-aid/applying

• Call the Financial Aid Office with questions 412/396-6607 or email us at faoffice@duq.edu.

Financial Aid Office

Hours: Monday – Friday 8:30 am – 4:30 pmPhone: 412/396-6607Fax: 412/396-5284

Email: faoffice@duq.edu website: duq.edu/admissions-and-aid

Mark Moore Last names: A – D Alison Wojcik Last names: L - QAlison Petrucci Last names: E - K Jim Zuzack Last names: R - Z

Contact Information