Types of Financial Aid
The Financial Aid Office administers three primary types of programs.
- Scholarships & Grants – Gift aid that is awarded based on academic achievement, talent, field of study and/or financial need. Scholarships & grants do not have to be repaid.
- Loans – Funds that are borrowed to help pay for educational expenses. Loans must be repaid, usually with interest.
- Employment – Funds that can be earned by working in exchange for wages. Employment earnings do not have to be repaid.
As a Division III school, DePauw does not offer athletic scholarships.