Financing Your Education

Delaware State University applicants for financial aid must use the Free Application for Federal Student Aid (FAFSA). The FAFSA is used to determine the need for financial assistance and as a mechanism for non-need based and need based loan certification. 

Graduate students are eligible to apply to the Unsubsidized Stafford Federal Loan Program.

  • Interest begins to accrue immediately after the first disbursement, unlike the Subsidized Stafford loan
  • You must be enrolled at least ½ time (3 credit hours)
  • A financial need as determined by your FAFSA application is not a requirement. However, the borrower must have a completed FAFSA on file

Graduate student debt includes loans accrued as an undergraduate in addition to those accrued while pursuing graduate studies. Graduate students may request up to $20,500 in an unsubsidized loan annually, however, graduate students may not receive more than $138,500 throughout the entire graduate matriculation. Of this total no more than $65,000 may be in subsidized loans received while an undergraduate student. 

SAP Requirements 

  • Graduate students must meet the minimum cumulative DSU grade point average (excludes transfer work) requirement of 3.00 by the end of their second full semester. 
  • All graduate students must earn 67% of their hours attempted, and must not exceed 150% of the hours required for degree completion. 

There is a one-time-only appeal procedure for the graduate student. A formal written letter of explanation must be written to the SAP Committee no later than the drop for non-payment date for the semester in which the student is applying for Federal Financial Aid. Graduate students must attain a 3.0 at the end of that semester to remain eligible to receive Federal Financial Aid preceding the appeal. 

The following types of grades cannot be used to fulfill financial aid probation, suspension, or re-matriculation requirements: credits by audit or special examination, grades earned from advanced placement or CLEP exams for which prior approval was not obtained; withdrawal or incomplete grades; and grades earned with zero credit. Students who do not meet the criteria for Satisfactory Academic Progress may appeal in writing to the Director of Financial Aid for reconsideration of reinstatement. The student must provide documentation with the statement of appeal indicating any special circumstances (e.g., medical records, accident report, medical bills, change in program of study, etc.) that may have interfered with meeting eligibility. 

SAP Maximum Hours Limitation Criteria

Students may only receive aid until they reach the maximum hours limit. The limit is 150% of the hours required for the program of study. Hours accepted by DSU in transfer are included in the maximum hour limit. Required hours for a specific program of study are found in the Undergraduate or Graduate Catalogs. Students who have completed all the coursework for their degree or certificate but have not yet received the degree or certificate are no longer eligible for financial aid for that program. Students with dual majors or students who change their majors are subject to the same hours limit; there are no exceptions.