All financial aid recipients are required to comply with the
satisfactory academic progress policy and meet all federal eligibility requirements in order to establish and maintain eligibility for federal, state and need-based institutional financial aid. Scholarship recipients must also meet the specific eligibility requirements of the scholarships received. Most financial aid programs have annual and/or lifetime eligibility limits.
Type of Financial Aid
|
Type of Limit & Resources
|
Where to monitor usage
|
Federal Pell Grant
|
|
studentaid.gov |
Iraq and Afghanistan Service Grant
|
- Aggregate/lifetime limit: lifetime eligibility usage (LEU)
- Equivalent of six years
- LEU is calculated by Federal Student Aid – similar to the Pell LEU calculation.
|
studentaid.gov |
Federal Subsidized and Unsubsidized Loan |
|
studentaid.gov |
Federal Grad PLUS Loan |
- Annual limit equal to your total cost of attendance (COA) minus any other financial aid received
- No aggregate (cumulative) lifetime loan limit**
|
studentaid.gov |
Federal TEACH Grant |
|
studentaid.gov |
Federal Perkins Loan |
The Federal Perkins Loan program has been discontinued by the Department of Education. |
studentaid.gov |
MAP Grant |
- Aggregate/lifetime limit (MAP Paid Credit Hours)
- Equivalent of four and a half years
|
isac.org |
DePaul Scholarships and Grants |
Dependent on your award – contact our office or refer to your award notification. |
Campus Connect |
** While there are no set aggregate limits on the Federal Direct Grad PLUS loan, the Office of Financial Aid reserves the right to limit or refuse certification of future federal student loans on a case-by-case basis to limit excessive borrowing. Students have the right to appeal a decision to limit or refuse certification of future borrowing. More information on the appeal process is available in the
Federal Direct Loan Debt Review FAQ.