PAYING FOR COLLEGE
Apply for Financial Aid
- Complete the FAFSA (www.fafsa.ed.gov)
- Get Admitted to the College and be assigned a Dunwoody email address
- Check Dunwoody email
- Some students will be required to turn in additional documentation to the school. Check your Dunwoody email for notification of missing forms for your financial aid.
- Once complete, you will receive an email with your Award Letter showing the financial aid that you are eligible for along with any additional steps you need to complete.
- Confirm your financial aid is complete and all funding has posted to your account. Log into my.dunwoody.edu to check if any financial aid items are missing or incomplete. Contact the Financial Aid office with any questions.
Tuition. Bills. Loans. Getting through school takes hard work, but getting through “on-budget” can be downright impossible. But we’ve got a helpful tool for all Dunwoody students.
It’s called GradReady and students (even you prospective students and our alumni) can create an account today and start turning those money impossibilities into a future full of financial possibilities.
After you create an account:
- learn the basics and beyond from educational videos
- set-up a budget and track your spending
- perfect your borrowing strategy with the Financing Plan
- compare your borrowing to future income with the Debt-o-Meter
- prepare a solid repayment strategy with the Electronic Loan Counselor
Get control of your financial future. The best time to start? Right now
- Standard Verification Worksheet- Dependent Student
- Standard Verification Worksheet- Independent Student
- Identity/Statement of Educational Purpose
- Identity/Statement of Educational Purpose- Spanish Version
- Parent Plus Loan Release
- Consent to Release
- ACH Direct Deposit Authorization
- Credit Balance Authorization
- Payment Responsibility Form
- Minnesota State Grant Program Student Eligibility Questionnaire
Sources of Funding
- From your own funds (or cash gifts from parents, etc.)
- Federal: The FAFSA will determine your eligibility for the Federal Pell Grant. The maximum Pell Grant award for the 2014-15 academic year is $5,730.
- State: The FAFSA and MN State Eligibility Questionnaire will determine your eligibility for the MN State Grant (amounts vary).
- Internal: Several companies offer scholarships to specifically Dunwoody incoming and current students during two application periods each academic year. Check your Dunwoody email account for notifications of when the application periods open. Download a list of Dunwoody internal scholarships (PDF)
- External: Download a list of national scholarships that are not specific to Dunwoody but some or all of our students are eligible for.
- Federal: The FAFSA will determine your federal loan eligibility. For more, visit www.studentloans.gov
- Subsidized: $3500 1st year students; $4500 2nd year student
- Unsubsidized: $2000 for dependent students; $6,000 for independent students
- Plus: The Parent PLUS Loan is an option given to dependent students only. This is a Federal loan that a parent can apply for in their name to help cover the cost of school. To apply for this loan parents should visit studentloans.gov.
- Alternative: Alternative loans are an option to help cover a balance if federal aid is not enough to pay for school. These loans are applied for by the student, generally with a co-signer. The FASTChoice website can help you find a lender.
Work Study provides part-time jobs for students with financial need allowing them to earn money to help pay education expenses. You must complete a FAFSA to determine if you are eligible for work study.
For eligibility, please check your Award letter or see the Financial Aid Department. Open Work Study positions can be found on the Employment at Dunwoody page.
Access your Billing statement
Tuition is due the first day of the term. Billing statements are available to access through your my.dunwoody.edu account.
- Go to the Finances tab and click on the statement link.
- In the drop down on the left, select a statement date, and then click view.
Access your Financial Aid award letter
Your award letter will be emailed to your Dunwoody email address. Please review and sign a copy accepting or declining your award and return to the Financial Aid Department.
Bill vs. Award
Make sure you verify the difference between your bill in my.dunwoody.edu and the amount on your award letter that you have been awarded for that term in Financial Aid. If the amount deducted from your balance does not reflect all anticipated Financial Aid, please contact the Financial Aid Office. If there is a remaining balance, please see the Bursar’s Office to set up a payment plan.
Track Your Schedule
Please review your schedule to identify your total credits per semester and how it affects your financial aid.
- 12 or more credits – Full time student
- 9 – 11 credits – 3/4 time student
- 6 – 8 credits – Half time student
- Less than 6 credits – Less than half time student (If a student has less than six credits, then they are not eligible for loans and it may affect their grant eligibility.)
The Financial Aid Office at Dunwoody College of Technology is a member of NASFAA, the National Association of Student Financial Aid Administrators. We abide by NASFAA’s Code of Conduct for Institutional Financial Aid Professionals (PDF).