Based on the data you have submitted including the FAFSA, Davenport will determine what your estimated financial aid eligibility will be. We will then generate a financial aid offer that will specify the amount and types of financial aid you have been awarded. 

• Your first year this is sent to you by mail. 
• After that, you will receive the information in your Panthermail about your financial aid offer.

Davenport provides students who have more financial aid than charges an option to use your excess loan dollars (aka your refund) prior to the semester start to purchase textbooks and supplies.  The charges post to your student account for your pending aid to cover the charge after disbursement. 

• Frequently asked questions about book vouchers

The Accounts Receivable Office is responsible for collecting and analyzing all student charges and fees, which include tuition.

• Frequently Asked Questions from the Accounts Receivable Office

FAFSA stands for Free Application for Federal Student Aid and it is an official form that students and their families can use to apply for financial assistance for college from the federal government. 

• The FAFSA needs to be completed each year.  

• It becomes available on October 1st for the next academic year. 

• The Financial Aid office at Davenport can help you in this process. 

There is an eight-step process that includes video to help fill out this form.

A grant is a source of financial assistance that is considered gift aid and does not have to be paid back. The federal and state government as well as Davenport University provides grants for students who are attending college and meet specific criteria, usually based on FAFSA information.

• Some of these grants include the Federal Pell Grant, SEOG, and the Michigan Tuition Grant (MTG).

Loans may be a part of your financial aid to help you afford your educational expenses. Loans will need to be paid back, but typically not until you have completed your education or dropped below half-time attendance. There are several types of loans including:

• Federal Student Loans
• Federal Parent PLUS loans
• Alternative/Private loans

Complete the Payment Process by logging into your Student Connection and clicking the big green button "Reserve Your Classes." 

• This is where you will reserve your classes and make payment arrangements for any remaining balance. 
• Also, be sure to complete all Action Items and Financial Aid Requirements listed. 
• Completing the Payment Process must be done BEFORE the start of each semester you are attending.

The Pell Grant is a need-based grant provided by the Department of Education within the U.S. Federal Government. 

• It does not need to be repaid. 
• The FAFSA determines eligibility for need-based aid such as the Pell Grant. 
• You must complete the FAFSA and Financial Aid Requirements to determine if you are eligible for the Pell Grant.

Davenport University participates in the Federal work-study program.  This is a program provides students an opportunity to work on campus or within the community to earn a paycheck which they can use to help offset the cost of education.