Financial Aid Tools

FAFSA - Free Application for Federal Student Aid. An office of the U.S. Department of Education, ensures that all eligible individuals can benefit from federally funded financial assistance for education beyond high school.
http://www.fafsa.ed.gov/

Welcome to the Duluth Business University Virtual Financial Aid Office
https://dbumn.vfao.com/

Federal Student Aid Gateway is the source for free information, guidance and tools for federal student assistance—from the U.S. Department of Education's office of Federal Student Aid. So start here and go further than you ever imagined.
http://federalstudentaid.ed.gov/

Financial Planning Made Simple
http://www.imagine-america.org/scholarship/fpms/FPMSCheckStatus.aspx

Financial Aid Estimator:
http://www.getreadyforcollege.org/Estimator/firstQuestions.cfm

Net Price Calculator

Student Budget Calculator
http://www.finaid.org/calculators/studentbudget.phtml

Federal Loan Repayment Calculator
http://www.nelnet.com/calculators/PlanningAndBudgetingCalculator.aspx?path=bsp.fye.ufa.calc

DBU is an eligible institution approved by the Department of Education for participation in the following programs:

• Federal Pell Grants
• Federal Supplemental Educational Opportunity Grants (SEOG)
• Stafford Student Loans
• PLUS Program
• Federal College Work-Study Program (FWS)

DBU is an eligible institution approved by the state of Minnesota for the following programs:

• Minnesota State Grant
• Minnesota College Work-Study Program
• Minnesota SELF Loan Program

Additional funds may be available through:

• Department of Rehabilitation Services (DRS)
• Bureau of Indian Affairs (BIA)
• Job Training Partnerships ACT (JTPA)
• Veterans' Administration (VA)

Other outside resources must be reported to the Financial Aid Office. The Financial Aid Office is not responsible for locating these funds. Separate applications may be required.

Students should refer to "The Student Guide" printed by the U.S. Department of Education for more detail on individual aid programs. This guide is available in our Financial Aid Office.

Financial aid is granted on the basis of financial need as determined by the Pell Grant Formula and the Congressional Methodology established by the U.S. Department of Education. All federal grants, loans, the Minnesota Grant Program, and the Minnesota College Work Study Program require submission of a Free Application for Federal Student Aid (FAFSA) for need analysis.