Federal Financial Aid
The Reiss-Davis Graduate School has been approved to participate in the Federal Student Aid program through the U.S. Department of Education since August 23, 2019. Please see the the Catalog for the academic year 2020/2021 for details on Federal Financial Aid Title IV Funds (pp. 44-45).
We encourage students to complete the Free Application for Federal Student Aid (FAFSA) each year to ensure that they are prepared to utilize potential Federal program eligibility. The steps to receiving Federal Student Aid are as follows:
We encourage students to complete the Free Application for Federal Student Aid (FAFSA) each year to ensure that they are prepared to utilize potential Federal program eligibility. The steps to receiving Federal Student Aid are as follows:
- Complete and submit a FAFSA application for each and every academic year for which financial aid is wanted.
The FAFSA application is available starting October 1 for the following academic year. The FAFSA can be found at fafsa.ed.gov.
Be sure to list the Reiss-Davis Graduate School on the FAFSA. - Upon receipt of the completed and processed FAFSA Application from the Department of Education, Reiss-Davis will determine financial aid eligibility. Students will receive either a request for additional information or an award letter.
- Once students have received an award letter, before they can receive any federal funds students must complete both a Master Promissory Note (MPN) and Loan Entrance Counseling. Both can be completed at studentloans.gov
.In addition to federal aid, students may also apply for alternative loans from private lenders in order to help cover unpaid balances from a previous term or academic year or to cover current expenses. We highly encourage students to apply for private loans after exhausting federal loan eligibility.
Students may also apply for RDGS scholarships, as well as outside scholarships and private grants to help pay for college expenses. See the scholarships page for links.
A scholarship will affect your other student aid because all your student aid added together can’t be more than your cost of attendance at your college or career school. You’ll need to let your school know if you’ve been awarded a scholarship so that the financial aid office can subtract that amount from your cost of attendance (and from certain other aid, such as loans, that you might have been offered). Any amount left can be covered by other financial aid for which you’re eligible. Questions? Ask the financial aid office.
Students may also apply for RDGS scholarships, as well as outside scholarships and private grants to help pay for college expenses. See the scholarships page for links.
A scholarship will affect your other student aid because all your student aid added together can’t be more than your cost of attendance at your college or career school. You’ll need to let your school know if you’ve been awarded a scholarship so that the financial aid office can subtract that amount from your cost of attendance (and from certain other aid, such as loans, that you might have been offered). Any amount left can be covered by other financial aid for which you’re eligible. Questions? Ask the financial aid office.