Student Loans for Dominican University Students
About Dominican University
Established as the St. Clara Academy in 1848, Dominican University evolved into a college by 1901 and has been known as Dominican University since 1997. Notably, Dominican’s campus is a hotspot of history; a private institution with a deep-rooted historical past, the Dominican University is spread over a 30-acre wooded campus in suburban River Forest, just ten miles from downtown Chicago. Student life at Dominican University is lively and has multiple campus organizations that students may join. From cultural groups and department clubs, to honor societies and special interest groups, Dominican University has something in store for everyone.
Dominican University Financial Aid
Since Dominican University is a private institution, studying here is costly. However, the Dominican University financial aid program is committed to keeping its doors open for students from any and every financial background. Any student with enough potential is welcome to join the university’s programs. Impressively, each year, around 90% of enrolled students receive some kind of financial aid from Dominican.
Dominican University’s financial aid packages have a lot to offer, as the university not only maintains its own independent source of funding, but offers federal loans, grants, scholarships and campus employment opportunities. Evaluation and qualification for these aid options is possible only by filling out the FAFSA; therefore, students should fill out and submit their FAFSA forms along with the relevant documentation within the assigned deadlines to increase their chances of receiving financial aid.
Private Student Loans and Dominican University
Though the financial aid offered by the university is adequate for most students, some require more funding. If you find yourself in such a situation, you can always apply for private student loans. These loans are readily available, but may be more difficult to pay back than federal loans, so you should be sure to conduct a thorough search before opting for one. Helpfully, the Student Loan Comparison Tool provided on this page allows you to compare different private loans so that you can find the one that suits you best. Use it for free and get started today!
Frequently Asked Questions
Q:Can you tell me about the merit-based freshmen scholarships offered by Dominican University financial aid?
A:Dominican University financial aid offers merit-based scholarships to students who have excellent academic standings or else some exceptional talent. Most of these scholarships range from $2,500 to $17,500 and are renewable for three years. Students are considered for merit-based scholarships through the admissions process, including the Brechtel Scholarship, the Alice Welsh Skilling Scholarship, Star scholarships, Dominican scholarships, and Legacy scholarships.
Pay for Dominican University*
|Total Avg. Cost||$36,000|
|Room & Board||$8,000|
|Financial Aid Information|
|Students Receiving Fin Aid||100%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$6,612|
|%Receiving Other Loans||7%|
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*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics