Federal Pell Grant

Eligibility for this need-based grant is determined by your EFC as calculated on the FAFSA.

Federal Supplemental Educational Opportunity Grant (SEOG)

This federal need-based grant is administered by Denison and is awarded to Pell eligible students.

Denison Grant

This need-based grant is awarded by Denison. To receive this award, you must be enrolled full time (12 or more credits).

Work Awards (Federal & Non-Federal Work Study)

Work awards listed on award letters are not guaranteed and Denison does not place students in jobs.  Amounts listed on award letters represent a student's maximum earning potential, should he or she choose to work on campus.  Additional details can be found here.

Book Grant

This grant is a part of the student's total amount of need-based institutional funds.  The award is designed to provide convenience to students with demonstrated need.  Funds are electronically transferred from the student's account to their Denison Dollars each semester to help defray a portion of book costs.  The amount of the award is the average of book costs for students.  In some cases, students' book costs may exceed this award amount.

Federal Direct Subsidized Loan

This student loan is based on financial need, and has a fixed interest rate of 3.4% for 2012-2013.  Interest is not charged to the student nor does it accrue until the student graduates or ceases enrollment at least half time.  Repayment begins after a 6 month grace period, during which, interest will accrue.  A mandatory 1% origination fee will be deducted from the gross loan amount. 

For additional information about Direct Loans, click here.

Federal Direct Unsubsidized Loan

This student loan is available to students who are not eligible or have limited eligibility for the Direct Subsidized Loan.  The loan terms are similar to those for the Subsidized Loan except the student is responsible for the interest which accrues at a rate of 6.8% annually, while the student is in school.  A mandatory 1% origination fee will be deducted from the gross loan amount. 

For additional information about Direct Loans, click here.

Federal Perkins Loan

This loan has a 5% fixed interest rate.  Interest is not charged to the student nor does it accrue until the student begins repayment nine months after graduating or ceasing enrollment at least half time.  Students awarded a Perkins Loan must sign a promissory note in the Controller's Office.