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Financial Aid

How do I apply for financial aid?

Finding and applying for financial aid might seem complex—but we’re here to help. These steps will walk you through filling out your FAFSA (Free Application for Student Federal Aid) online and what happens next.

You must complete a FAFSA in order to receive federal financial aid of any kind, including grants, work-study, and federal loans.

  1. First, apply for admission to DSU. You must be accepted to DSU in order to receive a financial aid award offer
  2. To fill out your FAFSA online, both you and a parent will need to create an FSA ID at https://fsaid.ed.gov/npas/index.htm. You’ll need the FSA ID in order to sign your FAFSA online and access other federal student aid sites
  3. Collect the documents required by the FAFSA, including income tax returns, W-2 forms, etc
  4. Complete the FAFSA online. You can submit the FAFSA as early as October 1 using tax information from the previous year. DSU’s FAFSA School Code is 003463. We recommend using the IRS Data Retrieval Tool to report your income tax figures
  5. Complete the applications for any scholarships that fit your needs, talents, and achievements
  6. You’ll get a SAR (Student Aid Report) after filling out your FAFSA. Review it, and if any changes need to be made, make them and resubmit it. Your complete, correct SAR will contain your EFC (expected family contribution) –– the number used to determine your federal student aid eligibility
  7. If you are selected for federal verification, you’ll receive information from the Enrollment Service Center in Vermillion, SD, on which forms to submit. Be sure to provide the requested documents as soon as you can
  8. If you are eligible for financial aid, we’ll send you an award offer notification. This usually happens in mid-April

NASFAA

The DSU Financial Aid Office, as a member of the National Association of Student Financial Aid Administrators (NASFAA), complies with the NASFAA Ethical Principles and Code of Conduct for Institutional Financial Aid Professionals

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We’ve got your back

Questions? Whether you need personalized information about your specific financial situation, or you need guidance on the FAFSA, we’re here to help.

(605) 256-5152
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