Davenport University Financial Aid and Scholarships
Students Receiving Aid
74%
Total Aid Amount
$31.896M
Financial Aid Official Website
www.davenport.edu/financial-aid
Davenport University offers a variety of financial aids in order to facilitate its students to receive a proper higher education. If you want more information on the financial aid offerings, you may visit the given Financial Aid link. The university also recommends you to fully go through the terms and conditions before applying for the aids.
The cancellation of the offered grants lies in the hands of the institute in case you stop keeping up your grades and meeting the eligibility criteria of the aids. Moreover, you are only eligible for the Davenport Financial aids after you take up a major degree program of more than 25 credits for a bachelors or associates degree and a total of 13 credits for a graduate program.
Scholarships
The university dedicates almost US$15 million towards institutional scholarship funds each year and 95% of students receive such scholarships after their application is processed. In order to complete the free application successfully, you must fill up your FAFSA form and submit it to the appropriate authorities.
Few of the types of scholarships are as mentioned below:
The undergraduate students may receive the Gerald R.Ford Memorial Scholarship, Martin Luther King Inherit the Dream Scholarship and Si Se Puede Cesar E. Chavez Scholarship which covers almost the total amount of tuition and fees.
The incoming freshman students are eligible for the University President Scholarship of an amount US$10,000 per year, the Excellence Scholarship of an amount US$8,000 per year, Achievement Scholarship which offers an amount of US$6,500 per year and the Signature Scholarships amounting to US$5,000 per year.
The incoming transfer candidates are offered the Titanium Scholarship of an amount of US$6,000 on a yearly basis.
Davenport University Graduate students may receive the Medallion Scholarship of US$2,000, Scholars Scholarship of an amount of US$1,500 or the Graduate Scholarship of US$1,000 on a yearly basis.
In addition, the Davenport Foundation scholarships and the Community Foundation Scholarships are provided to the students on the basis of merit. In order to access these scholarships, all you need to do is keep up your grades all throughout your course and maintain consistency in endeavour and effort. If you would like more details on the other General Scholarships, please visit the given link.
Grants
Federal grants are offered to the prospective and existing candidates on the basis of their FAFSA and EFC (Expected Family Contribution). The PELL Grants are another form of Federal Grants which is awarded to only the undergraduate students.
Students who are residents of Michigan are eligible for the State Grants after they fill up their FAFSA. The Davenport University FAFSA code is 02249. The state grants are also subject to renewal.
The candidates who pursue a teacher certification can be recipients of the TEACH Grants to an amount of US$3,752.
The transfer students have access to the Transfer Student Grant which allows a discount of 20% on the tuition and fees. The partner Tuition Grants is also given but the exact amount is subject to the partnership agreements and collaborations. All the grants provided by the college are considered a gift and do not require repayment.
Loans
While making a comparative study on the different types of loans available to you, you will often find that the interest rates for the direct loans are slightly lower. Davenport University advises you to go through their web-page and also approach them personally for some counselling on students’ loans.
We provide all the basic information that you need regarding the types of loans that you might apply for. The university offers you to apply for both subsidised and unsubsidised loans.
The Parent Plus Loans are provided only if the recipient is a dependent child of his/her parents. This category of loan is never subsidised and the parents will have to bear the complete burden of interest.
Many consumer loans are also made available to you. However, the university does not recommend you to apply for third party loans. All student loans must be applied only in special circumstances of financial need.
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