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Types of Aid

A DePauw education is affordable

Our goal is to make DePauw as affordable as possible for as many families as possible. That’s why we’ve introduced The DePauw Promise – to meet the full calculated financial need of every incoming first-year student, beginning with the class entering in Fall 2026.

To achieve this, financial aid can take several different forms depending on your unique circumstances, such as scholarships, grants, work study and federal loans. We’re here to make sure you understand the various types of aid available while connecting you to the resources that will empower your educational journey at DePauw.

Your future, fully supported.

We invest in your DePauw experience.

Merit awards and scholarships

Merit aid is awarded based on a student’s academic records, artistic achievement or other criteria determined by the institution. This type of aid is awarded without consideration of a student’s ability to pay or financial need.

Need-based grants and programs

Need-based aid is based on completion of the financial aid application. Grants, like scholarships, do not need to be repaid. Need-based grants are funded by DePauw and the federal government, as well as some states and outside organizations.

Self-help aid

Self-help aid includes financing options (such loans or payment plans) and student employment opportunities, all of which are designed to help make education more affordable. Loans require a form of repayment as determined by the nature and the terms of the loan agreement.

Exchange and remission

Tuition exchange and remission programs provide educational benefits to eligible employees and their dependents at participating institutions. DePauw University participates in Tuition Exchange (TE) and the Great Lakes Colleges Association Tuition Remission Exchange (GLCA-TRE).

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Financial Aid

Students walking through campus with East College in the background

Office of Financial Aid

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