Graduates: Applying for Financial Aid
To be eligible for federal financial aid, you must be either a US citizen or permanent
resident. You cannot be in default on any student loans or have borrowed the aggregate
(lifetime) maximum in the federal student loan program ($138,500 between subsidized
and unsubsidized loans, including both undergraduate- and graduate-level loans).
Please wait until you have been admitted to the University of Dallas to submit your
financial aid documentation (e.g. FAFSA). You cannot be awarded until you are admitted
to a degree-seeking program. The University of Dallas does not require the CSS Profile.
Per federal regulations, the Federal Direct Subsidized loan can no longer be issued
to graduate students after July 1st, 2012.
You must complete the FAFSA (Free Application for Federal Student Aid) annually when
you wish to apply for aid. Federal student aid for a graduate student consists primarily
of the Federal Unsubsidized Loan.
The 2023/24 FAFSA opened on October 1, 2022.
2023/24 FAFSA income information is based on 2021 (called prior prior year or PPY). Complete this
FAFSA if your first term of attendance will be in Summer 2023, Fall 2023, or Spring
2024.
The school code for UD is 003651.
We will review all submitted information.
New and returning graduate students who are offered Federal Student Aid (namely the
Direct Unsubsidized Loan) will receive a financial aid notification through email
to their UD email address. Students who do not appear to be eligible based on the
submission of the FAFSA, or information therein, will be contacted by a Financial Aid Counselor with additional information or requirements.
All students will view, accept, and/or decline financial aid on BannerWeb.
Direct link to BannerWeb: https://studentssb-prod.ec.udallas.edu/StudentSelfService/
Accepting the Federal Direct Unsubsidized Loan
If you accept your Federal Direct Loan and you are a new borrower at UD, you will
be required to complete a Federal Direct Loan Master Promissory Note (MPN) and Direct Loan Entrance Counseling at studentaid.gov. Failure to do so will keep your loan from disbursing to your account, and ultimately
in the cancellation of your loan.
Review the following statements and contact us with any questions
Regarding enrollment:
I must be enrolled in a degree-seeking program in order to receive financial aid.
I am not eligible for financial aid if I am enrolled less than half-time (4.5 credits),
or enrolled in classes that do not count towards my degree.
Dropping hours during the refund period or withdrawing from the University will affect
my financial aid.
Receiving aid from other sources may require an adjustment to my financial aid award
package.
Not meeting the satisfactory academic progress standards as defined by the University
will affect my financial aid.
Regarding withdrawal:
If I withdraw from all classes, it is my responsibility to contact the Financial Aid
Office.
If a tendency to withdraw occurs, the Office of Financial Aid reserves the right to
modify my financial aid, and loans may be awarded only up to tuition.
Students receiving federal, state, and/or institutional financial aid that withdraw
from the University through the 60% period of the semester are subject to a return of funds calculation, which may cause me to owe money to the
University.
A copy of the Return of Funds Policy is available from the Office of Financial Aid.
It is my responsibility to read through the policy.