MBA Program
Financial Aid for Graduate Students
Delaware Valley College students accepted as matriculated students in one of the graduate programs MAY be eligible for federal aid providing required forms and documents are filed in a timely manner.
Financial Aid Process
- Complete the Free Application for Federal Student Aid (FAFSA) on the Web at www.fafsa.ed.gov. Be sure to indicate the information should be sent to Delaware Valley College, school code 003252.
- FAFSA information will be reviewed to determine eligibility for federal student loans.
- Additional forms may be required, including copies of federal tax returns and W-2 forms. The financial aid department will contact you if this information is needed.
Financing Options
- Federal Direct Student Loans are available to matriculated students enrolled in at least three credits per term. The Direct Student Loan may be subsidized or unsubsidized, depending on demonstration of financial need. Students must file the FAFSA to be considered.
- For more information and to complete an application for the Direct Student Loan, visit studentloans.gov . If you are a graduate student, your loan limits for the 2011-2012 academic year are up to $8,500 subsidized ( interest does not accrue) and $12,000 unsubsidized ( interest does accrue). You can borrow up to your cost of attendance which is determined by the Financial Aid Office. This includes tuition, books, travel and allowance for personal education expenses.
- Federal Graduate PLUS Loan: Graduate students may borrow through the Graduate PLUS loan program. The maximum a graduate student may borrow per academic year is the cost of education minus any financial aid. Applicants for this loan are required to complete a Free Application for Federal Student Aid (FAFSA). Graduate PLUS loans are only available to students after they have applied for their annual loan limits through the Federal Direct Loan program.
- Private Educational Loans should be accessed after exhausting the Direct Student Loan program. Terms and conditions are determined by the lender through review of the applicant's credit history and market conditions. Information on private educational loans can be found at www.elmselect.com or www.delval.edu/finaid/finance under Student Alternative Loans.
Student Responsibilities
- Make sure all forms are filed in a timely manner for Financial Aid review to be completed.
- Report any changes in enrollment to the financial aid office at finaid@delval.edu.
- Contact the Bursar's office with questions regarding billing, refunds and/or discrepancies at 215-489-2376 or bursar@delval.edu.
Further questions about financial aid can be directed to finaid@delval.edu or 215-489-2272.
The financial aid office is located on the second floor of Lasker Hall. Office hours are Monday through Friday, 8:30 am - 4:30 pm.