Undergraduate Financial Aid

Complete the Free Application for Federal Student Aid (FAFSA).

• Apply every year after October 1st
• Be sure to enter Delaware Valley University’s Federal School Code: 003252
• Use 2020 Tax Information for the 2022-2023 Academic Year

The Office of Financial Aid will determine your eligibility for Federal, state and institutional financial assistance.

Financial aid is awarded using both need-based and non-need-based criteria from institutional, state, federal and private sources. Types of financial aid include scholarships, grants, work-study and loans.

If you are a returning student and selected for verification, you must complete that process before your financial aid offer is sent to you. You can check on whether you have any outstanding items through Financial Aid Self-Service. 

For returning students, this also means we evaluate your Satisfactory Academic Progress. This is completed once per year after the spring term grades are finalized. You can find out more about that process here.

A financial aid offer will be e-mailed and texted to you.

Admitted Students: An admitted student’s financial aid offer will be sent to the email address supplied to the Office of Admission. 

Deposited and returning students: Deposited and returning students will receive their financial aid offer at their official DelVal email address. If you supplied a cell phone number, your financial aid offer will also be sent there. You can check your financial aid at any time through Financial Aid Self-Service.

If you have questions, please contact the Office of Financial Aid:

Charis Lasky, Financial Aid Assistant

General Inquiries

Charis.Lasky@delval.edu, 215.489.2956

Melissa Walsh, Director of Financial Aid

Appointments by request only. finaid@delval.edu

Brahim Bouidi, Associate Director of Operations

Appointments by request only. finaid@delval.edu.

Joan Hock, Financial Aid Officer (Part Time)

Joan.Hock@delval.edu, 215.489.2975

BOOK AN APPOINTMENT WITH JOAN

Review your Federal Direct Loan action items:

Accept Your Loans via Self-Service

First time borrowers must complete a Loan Agreement (Master Promissory Note) and Federal Direct Loan Entrance Counseling. You can complete both steps at https://studentaid.gov.

Navigating the world of Financial Aid can be confusing. The following terms are offered to assist you in effectively understanding the various programs involved:

FAFSA - Free Application for Federal Student Aid. Information reported on this federal application is used to determine the amount of money a family is expected to contribute toward education expenses.

Expected Family Contribution - A measure of your family's financial strength and is calculated by the U.S. Department of Education based on the information provided on your FAFSA. It is not the amount of money your family will have to pay for college nor is it the amount of federal student aid you will receive. It is a number used by the university to calculate the amount of federal student aid you are eligible to receive.

FSA ID - Comprised of a username and password created by the student or parent, this is used to electronically access personal information on the U.S. Department of Education website https://studentaid.gov/ and to electronically sign required documents such as a Master Promissory Note (MPN).

Merit Scholarship - These are academic awards that are awarded by both the college and outside sources. All students upon entering DelVal are considered for merit awards. Academic achievement, extracurricular activities and strong citizenship are factors in the selection process.

Gift Assistance - This funding is not repaid. Scholarships or grants are the most prevalent types of Gift Assistance, but tuition waivers, sponsorships or tuition reimbursements from employers also qualify.

Grants - These are a type of gift assistance that may or may not require a minimum GPA, ACT or SAT score or financial-need level.

Federal Pell Grant - This Federal Grant is awarded to undergraduate students with an EFC less than $5487 as determined by filing the FAFSA, which determines both eligibility and the amount of the award.

Federal Supplemental Education Opportunity Grants - SEOG - Federal grants awarded for undergraduates with exceptional financial need. Priority is given to Pell Grant recipients.

Federal College Work Study/Campus Employment - Employment opportunities occur both on and off-campus. Jobs will offer both financial resources and the opportunity to apply towards education experience.

Federal Direct Subsidized or Unsubsidized Loan - These are student self-help loans; the amount borrowed depends on enrollment status.

Subsidized - Awarded on the basis of need. These loans are interest-free during enrollment to an authorized period (Amounts range from $3500 as a Freshman, $4500 as a Sophomore, and $5,500 as a Junior/Senior).

Federal Direct Parent PLUS - This loan is available to replace all or part of the expected family contribution and is limited only by the cost of attendance less other financial aid. Fixed interest rate currently 7.08% with 4.236% fee. A credit check is required, and repayment begins within 60 days after the loan has been fully disbursed. Interest-only payments may be made while student is in school, and the loan has a maximum repayment period of 10 years. Visit https://studentaid.gov/understand-aid/types/loans/plus/parent/.

PA State Grant - This is a need-based grant for PA residents. Award amounts vary. To be considered for a Summer PA State Grant, students must register for six credits and complete the online application at https://www.pheaa.org/grants/state-grant-program/summer-grant-program.shtml.

State Grants - These are other grants awarded by individual states. They have varied amounts and may be portable for out-of-state students for attendance in Pennsylvania colleges and universities (New Jersey and New York are not).

Alternative Loans - These are loans provided by private lenders for educational purposes.

Payment Plans through the Office of the Bursar - Payment plans are also available through the Office of the Bursar.

The following are provided to assist you when applying for financial aid.

• Pennsylvania Higher Education Assistance Agency
• Mapping Your Future, a one-stop site for students and parents with information on financial strategies, career options and college planning
• Fastweb, the internet's largest, free scholarship search
• FinAid, the smart student guide to financial aid
• Federal Student Aid,the official website of the United States Department of Education
• Federal Student Loans, United States Department of Education website. Information and application for Federal Direct Loan programs for parents and students
• Education Planner, your one-stop education website, with information on finding a career, choosing a college, university or career school, applying and paying for postsecondary education, and moving into the working world.
• UPromise, is part of the Sallie Mae family with a united mission to help families earn cash back, save, plan, and pay for college.

Delaware Valley University participates in all the established programs of federal/state financial aid. Federal Financial Aid includes the following:

• Federal Pell Grant
• Federal Supplemental Educational Opportunity Grant (FSEOG)
• Federal Work-Study Program
• Federal TEACH Grant

Students can borrow under the Federal Direct Loan Program; parents can borrow under the Federal Parent Direct Loan (PLUS) Program. Students who are residents of Pennsylvania can apply for the PA State Grant; residents of other states can apply through their respective State Higher Education Assistance Agency for state grant/scholarship consideration. 

It is also recommended you investigate other scholarships/grants available through local civic, religious and fraternal organizations, as well as Veterans Benefits, or Office of Vocational Rehabilitation (OVR) funds if eligible. Students are responsible for contacting these agencies directly.