I'm considering applying to DePaul University, but I'm concerned about the cost. Does anyone know the current tuition rates and possible financial aid options? How do you manage the expenses if you're currently attending?
DePaul University is a private school, which means it can be quite expensive when considering only the tuition fees. As of now, the annual undergraduate tuition at DePaul University is approximately $43,665. This figure is before other expenses such as housing, meals, books, and personal expenses are added in, so the total cost may be significantly higher.
As for financial aid, DePaul University offers both need-based and merit-based aid. For need-based aid, you should complete the Free Application for Federal Student Aid (FAFSA) as soon as it becomes available in October. This can open doors to federal and state grants, loans, and work-study funds. You could also have eligibility for DePaul's need-based aid.
DePaul also offers a several merit scholarships. There's the DePaul Scholarships, which are institutional funds awarded to first-time freshmen based on academic credentials. No separate application is required and all admitted students are automatically considered. There are several other university scholarships, so you might want to research those and see if you qualify.
DePaul recommends that you also look into private scholarships in your community or online via scholarships search websites like Appily and Fastweb. These can be beneficial, as they are funds you don't have to pay back.
As for covering expenses, many students opt to work part-time jobs during the academic year or take on summer internships. Some even utilize Federal Work-Study funds. Saving over the summer, budgeting wisely, and minimizing nonessential expenses can also help.
Lastly, keep in mind that some costs are flexible. For example, choosing a less expensive meal plan, living in a more affordable residence hall, or buying used textbooks can help to cut costs.
Remember that financial aid can significantly offset costs, so don't let the sticker price discourage you from applying if DePaul is a school that interests you.
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