Starting the Financial Aid Application Process
DeVry makes it easy to get started applying for financial aid. Follow our 5-step application process by clicking on each step below to learn more, and be sure to review our financial aid application tips.
5 Steps to Complete Your Federal Financial Aid Application
1. Meet with a DeVry Student Support Advisor
2. Check Your Eligibility
3. Apply for Financial Aid
4. Meet with a DeVry Student Support Advisor
5. Execute Your Plan
Schedule an appointment with a Student Support Advisor at the campus you will be attending. Online students can call 877-496-9050 to speak with a DeVry Online Services Student Finance Consultant. We're here to help you make sense of the financial aid application process and secure the financial assistance you need to make college more affordable.
See if you are eligible to qualify for federal financial assistance and learn how to get prepared to apply.
To qualify for federal financial assistance, you must:
- Enroll as a degree-seeking student
- Be a U.S. citizen or an eligible noncitizen
- Maintain satisfactory academic progress
- Not be in default on a federal educational loan
- Not owe an overpayment on a federal educational grant or loan
- Register with Selective Service (if you are a male born on or after January 1, 1960, over 18 years of age and not currently in the armed forces)
- Have a high school diploma or equivalent
Determine your dependency status:
The federal government has established how dependency status is determined for federal financial aid purposes. If you are considered dependent, your parent(s) income and asset information must be included on your FAFSA. This information will be used in addition to your information to determine your eligibility. Answering "yes" to any of the following questions means you are an independent student:
- Were you born before January 1, 1992?
- As of today, are you married?
- At the beginning of the 2015-2016 school year, will you be working on a master's or doctorate program?
- Are you currently serving on active duty in the U.S. Armed Forces for purposes other than training?
- Are you a veteran of the U.S. armed forces?
- Do you have children who will receive more than half of their support from you between July 1, 2015 and June 30, 2016?
- Do you have dependents (other than your children or spouse) who live with you and who receive more than half of their support from you, now and through June 30, 2016?
- When you were age 13 or older, were both your parents deceased, were you in foster care or were you a dependent/ward of the court?
- Are you or were you an emancipated minor or in legal guardianship as determined by a court in your state of legal residence?
- At any time on or after July 1, 2014, were you an unaccompanied youth who was homeless or at risk of being homeless?
Apply for your Federal Student Aid ID
To apply for your FSA ID, visit: fsaid.ed.gov. If you do not already have a FSA ID or forgot your FSA ID, visit fsaid.ed.gov and follow the on-screen instructions.
If you are a dependent student, both you and a parent will need an ID to electronically sign your FAFSA.
Gather financial documents needed to complete the Free Application for Federal Student Aid:
- Social Security Number and Driver's License (or state ID) for you, and for your parent(s) if you are a dependent student
- If you are not a U.S. citizen, documentation of your eligible noncitizen status
2014 Income and Tax Information
You and your parent(s) (or spouse) can access 2014 IRS tax return information to complete your 2015-2016 FAFSA using the IRS Data Retrieval Tool. If you are eligible, we highly recommend using the tool for several reasons:
- It's the easiest way to provide your tax data
- It's the best way of ensuring that your FAFSA has accurate tax information
- You won't need to provide a copy of your or your parents' tax returns if you are selected for verification
If you are unable to use the IRS Data Retrieval Tool, you will need 2014 tax information to complete your 2015-2016 FAFSA. You may also need records of your parents' income (if you are a dependent student). Please use the following as a guide to help gather your documents:
- Your 2014 federal income tax return (and your spouse's, if married)
- Parents' 2014 federal income tax return (if you are a dependent student)
- W-2 forms or other records of income earned
- Records of other untaxed income received, such as welfare benefits, Social Security, military or clergy allowances
- Current bank statements and records of stocks, bonds and other investments
- Business or farm records, if applicable
Complete the FAFSA
To complete your FAFSA online, visit www.fafsa.ed.gov. DeVry FAFSA school code is 010727. If you would like a preview of the questions you may be asked on the FAFSA, you can review the 2015-2016 FAFSA on the Web Worksheet on the FAFSA website.
After completing your FAFSA, print the FAFSA Confirmation Page for your records. If you have already completed a FAFSA for another school, click on "Make a Correction to a Processed FAFSA" and add DeVry's school code – 010727.
Schedule a meeting with your Student Support Advisor or Student Finance Consultant to discuss your personalized financial plan.
Secure Your Loans
To secure your Federal Student Loans, the U.S. Department of Education requires all borrowers to complete Federal Direct Loan Entrance Counseling and sign a Master Promissory Note.
Complete Direct Loan Entrance Counseling online at studentloans.gov:
- Sign-in using your Federal Student Aid PIN
- Click on "Complete Entrance Counseling"
- In the School and Loan Information section, choose Illinois to find DeVry University
Complete the Federal Direct Subsidized/Unsubsidized Loan Master Promissory Note (MPN) online at studentloans.gov:
- Sign-in using your Federal Student Aid PIN
- Click on "Complete Master Promissory Note"
- Select "Subsidized/Unsubsidized"
- In the School and Loan information section, choose Illinois to find DeVry University
Setup your Student Account
Login to your online account at my.devry.edu and navigate to "Student Account" to make your selections. Setup your Student Account by choosing "Manage Payment Plan(s)", then "Sign up for Direct Deposit", and then "Manage Account Authorizations".
90% of DeVry Students Benefit from Financial Aid
Financial Aid Application Tips
Check for accuracy.
Think toward the future.
Keep the lines of communication open.
Know that your information is kept confidential.
Submit your application as soon as possible to be deemed eligible for assistance. Any federal loan or grant money for which you qualify will likely not be available to you for 8-10 weeks after applying.
Check paperwork and online documents for accuracy and completeness, including signatures, to avoid delays in processing.
When applying for financial aid, you will be asked to provide financial information based on the previous calendar year's tax information. The earlier families prepare their taxes, the earlier they can apply for financial aid (but no earlier than January 1 in any given year). You may be asked to verify the financial information on your applications, so keep all of this financial documentation in a convenient location.
Circumstances can affect the amount of aid awarded from year to year, therefore we reassess financial aid annually. This means you will need to reapply every year.
Financial aid is awarded to the student; therefore, DeVry University's policy is to communicate with the student first as the person who will ultimately be responsible for his or her finances. If you are the parent, please be aware of this as you anticipate news about financial awards.
Please know that DeVry keeps all of your personal, financial and identifying information confidential. Therefore, we ask for a student's ID number or other identifier when students call for information, not merely for our convenience, but as a protective measure for the student's information. Furthermore, federal FERPA laws govern the information we can give to the parent about the student.