A college education is a significant investment. DePauw is committed to making the education we offer accessible to all qualified applicants. We will work with you to find the best combination of options for funding your four years here.
The information below applies to prospective first-year and transfer students. Prospective international students should refer to information found on the International Web site or by contacting an international admission counselor at firstname.lastname@example.org.
Financial Aid Application Steps
To apply for need-based financial aid, including state and federal programs, you and your parents must submit the following:
- CSS/PROFILE – Our PROFILE code is 1166. To avoid the PROFILE application fee, students may print and mail instead a DePauw Financial Aid Application.
- Free Application for Federal Student Aid (FAFSA) – DePauw's six-digit federal FAFSA code is 001792.
Some students may be selected by DePauw or by the Federal Government for a separate process called "Verification". In these cases, the student will receive a separate request from the Financial Aid Office by email and/or by letter identifying what additional items are required to complete the file. The deadline for submitting verification items is April 15, or 30 days from the time of notification (whichever date occurs later).
Financial Aid Application Deadlines
The priority deadline for completing the financial aid applications is February 15 of the year in which you will enter college. Regular Decision and Early Action applicants for Fall 2014 admission should complete forms by February 15, 2014. Early Decision candidates are asked to apply for aid by January 5, 2014. The FAFSA and CSS/PROFILE are completed online.
If you do not have final tax information by the priority deadline, please make thoughtful estimates to ensure that you apply on time. Regrettably, scholarship resources are not unlimited, and we are able to make late financial aid awards only if funds remain available.
Receiving Your Financial Aid Package
Provided that all required forms have been received by the appropriate deadlines, accepted students will learn of any merit scholarships approximately one month after admission. Students applying for need-based assistance will receive a letter announcing their total financial aid eligibility by March. This information will be mailed to you. If your financial aid application is incomplete, you may not receive notification of your financial aid eligibility until you have submitted all the required documentation to the Financial Aid Office.
A financial aid award from DePauw is likely to be a "package" made up of the following:
- merit awards, scholarships or grants
- low-interest loans
- employment opportunity on campus
Scholarships and grants are referred to as "gift aid," as they do not have to be earned or repaid.
Low-interest loans are available through DePauw and a variety of other sources.
Part-time, on-campus employment is available to students who qualify for federal work-study.
IRS Data Retrieval
The Department of Education encourages all applicants to utilize the IRS tax data retrieval tool when completing the 2014-15Free Application for Federal Student Aid (FAFSA). This tool is available to most tax filers who have a processed tax return on file with the IRS. Students selected for federal verification are required to utilize the tool to import student and/or parent income information directly from the IRS. If a student and/or parent is not able or unwilling to use the IRS data retrieval process, a tax return transcript is required.