Financial aid can be complicated — and we’re here to help you navigate your journey through your four years at Denison. Here are some frequently asked questions and answers. And as always, feel free to contact us with your questions.
You can make corrections to your FAFSA anytime at www.fafsa.gov.
The Admission & Financial Aid office does not issue fee payment codes for the CSS Profile for freshman or transfer applicants. However, your fee may be waived by the College Scholarship Service (CSS) if you meet their criteria. If you have any questions about your eligibility, please contact CSS at (844) 202-0524.
The College Scholarship Service (CSS) does not permit applicants to make corrections online after submission. If the corrections are to update student and parent income detail as you initially reported estimated income and you’ve now filed for federal taxes, you do not have to send in corrections. Instead, we ask that you print a copy of your completed Profile and make necessary corrections by hand and submit to our office. We will verify your family’s income information during our review process.
Similar to the CSS profile, the CSS Non-Custodial Profile is an online application where noncustodial parents of aid applicants report their income, assets and other information.
If you defer admission, you will need to reapply for the need-based aid that you were awarded. We cannot guarantee that the amount would equal your original need-based package.
Yes, you must file the FAFSA each year. You and your parent/family can file the FAFSA for the upcoming academic year as early as October 1. However, you need only complete the FAFSA form each year, the CSS profile is only requested once when you apply for admission.
A student may receive Denison gift aid (merit and grants) over the eight semesters of enrollment at Denison.
For most Denison students, your financial aid is awarded and disbursed based on full-time enrollment (12 or more credit hours). You cannot receive financial aid for classes you do not attend. Aid may need to be revised if you fall below full-time.
If you withdraw from all classes, your financial aid eligibility will be recalculated according to the Denison’s Refund Policy.
Also, the Office of Financial Aid is required to monitor your progress towards your degree. A copy of our Satisfactory Academic Policy. Please read the policy thoroughly. Failure to comply with this policy may result in the loss of your financial aid.
Yes, if your family has experienced an unforeseen or significant change in financial status since 2015 (FAFSA reported income) or you think you have special circumstances that should be taken into account, you may request a review of your financial aid eligibility. Contact our office for counsel and request a Special Circumstance Form. Appeals are handled on a case-by-case basis and may or may not result in additional aid.
A few examples of special circumstances that should be reported include:
- Loss of Income, Social Security, Child Support, Alimony or Retirement
- Divorce/Separation, Death of a Parent or Disability of a Parent
- Uninsured Medical or Dental expenses
Congratulations on your outside scholarship! All outside scholarships or other resources must be reported to the Office of Financial Aid. If your financial need has been met, your work study or Federal Direct Loan may be adjusted first. Depending on the composition of your financial aid package and the amount of your outside award, it may be necessary to reduce Denison aid, per federal regulations. You will be notified of any changes to your awards.
Books are considered an indirect cost of college expenses. For many students, you pay for your books out of your own pocket. If you’ve been awarded a Bookstore Grant as part of your financial aid award, funds will be electronically sent to the university bookstore.
Bookstore Grants are need-based Denison grants to help defray the cost of books to qualified students.Students must file a FAFSA and must demonstrate financial need to qualify.
If your parent has been granted a filing extension by the IRS, our office will need a copy of IRS Form 4868 that was filed with the IRS for tax year of verification, copy of the tax return and W-2s for the year in question. Our office will require the tax return transcript when filed and available. Your financial aid will be applied ONLY to your fall semester until all requirements have been received and reviewed by the financial aid office. Please be advised that aid can change as the result of verification for both semesters. The student is responsible for any resulting balance.
You will receive an electronic billing statement well in advance of each semester. Your billing statement will detail your semester direct charges from the university –tuition, fees, room and board, etc. Your scholarship, grants and loans you accepted will pay your direct charges first. If your semester's aid is less than the balance due, you are responsible for paying the remaining balance. Payments are due in July for Fall semester and December for Spring semester.
If your semester aid exceeds your balance due, you will receive a refund for the amount of the overage from Student Accounts after the semester begins.