Jan 28, 2020  

Scholarships, Grants, Loans and Student Employment

Scholarships and Grants TEACH Grant Federal Loan Information
Federal and State Grants Nebraska Opportunity Grant   Federal Perkins Loans
Pell Grants Student Employment   Federal Direct Stafford Loans
FSEOG Grant     Direct Plus Loan

The Aid Package

Students are usually eligible for different types of aid from various sources; therefore, we offer a financial aid "package" of funds. Sources of aid offered depend on the student's filing status, funds available at the time of application, and demonstration of financial need. To receive Doane scholarship or grant assistance, students must be degree seeking, enrolled fulltime each term, meeting the requirements as stated in the university catalog, and be making satisfactory academic progress. First-time students may receive Doane dollars for a maximum of eight full-time semesters. Transfer students are notified of their maximum semesters of eligibility after transfer credits are evaluated by the Registrar's Office.



Scholarships and Grants are funds that do not have to be repaid. A student's financial aid package includes gift money whenever guidelines and funding levels permit. The student must be enrolled full-time on the Crete campus to qualify for institutional awards.

Institutionally controlled scholarships and grants are provided by the university and/or university donors. If it is determined that all or a portion of the award is provided by a designated or named source, notification will be sent to the student. The student is expected to write a thank-you note to the donor or their representative. Detailed information regarding this process will be provided at that time.


Merit Scholarships:

Doane academic scholarships are awarded based on academic achievement, involvement in high school, and in anticipation of continued excellence at Doane University. Financial need is not a determining factor. Students must maintain a certain cumulative GPA based on the type of merit award received.


Specialized Scholarships:

Doane's co-curricular scholarships are available in the areas of art, music, theatre, forensics, journalism, athletic training, and athletics. Scholarships are given in recognition of a student's ability and achievement. Student athletes awarded any co-curricular awards must meet the National Association for Intercollegiate Athletics (NAIA) and the Great Plains Athletic Conference (GPAC) regulations in order to compete. The coach/director will notify the student of participation requirements to continue to receive the scholarship.


Supplemental Awards:

Other grants have criteria, such as having a family member enrolled full time at Doane University (Crete campus) at the same time, or an immediate family member who is an alumnus of the University, or by being a non-resident of Nebraska. Some grants may factor in a student's need.

More information can be found at doane.edu/financial-aid



Federal and State Grants

These grants are available to undergraduate students with exceptional financial need. If you have been selected for verification, your federal and state grants are estimated until the verification process is complete. Grant amounts are dependent upon annual federal and state appropriation levels established and approved by Congress and the President of the United States.


Pell Grants:

Federal Pell Grants are available to high-need undergraduate students taking at least one credit hour per term. The U.S. federal government determines the amount of the Pell Grant and the amount is determined by the student's EFC. Students do not need to be full time to receive a Pell Grant. However the amount of Pell grant received is prorated by the student's enrollment status.


FSEOG Grant (limited funding):

The Federal Supplemental Educational Opportunity Grant (SEOG) is a federally funded grant. It is generally awarded to full time undergraduate students with exceptional financial need.


Teacher Education Assistance for University Higher Education Grant (TEACH) Grant:

This is a non-need based grant available to undergraduate and post-baccalaureate students taking coursework to become a teacher and graduate students pursuing a degree in curriculum and instruction. Students must be endorsed to teach in a high need subject area AND agree to teach at a low-income school for four years. Failure to fulfill the requirements will result in the grant converting to an Unsubsidized Stafford loan.

For more information go to http://studentaid.ed.gov/types/grants-scholarships/teach



Nebraska Opportunity Grant (limited funding):

The Nebraska Opportunity Grant (NOG) is available to residents of Nebraska who demonstrate exceptional financial need. The state of Nebraska provides Doane University with criteria for the grant. The financial aid office determines the student's eligibility based on the EFC and availability of funds. Eligible recipients' names are submitted to the State of Nebraska's Coordinating Commission of Postsecondary Education (CCPE) pending approval. Once the CCPE approves the recipient, the award is considered finalized.



Federal student loans provide the opportunity to postpone paying for university expenses until your education is complete.

Federal Perkins Loans (Limited funding)

Awards may vary with each student's eligibility and are dependent upon federal funding. The federal maximum is $5,500 annually for undergraduate students $8,000 for graduate students. The Financial Aid Office determines the individual award. Priority is given to undergraduate students demonstrating exceptional need.

The interest rate is fixed at 5%. Principal and interest payments begin nine months after graduation, withdrawal or when dropping to less than half-time attendance. The loan is borrowed from Doane University and must be repaid to Doane University.

Students will receive a notice from Student Accounts to complete the Perkins Loan requirements. All students who have not completed the Perkins loan requirements by September 22th are subject to the award being canceled.

Note:  This program is set to expire on September 30th, 2015.



Direct Subsidized Loan

Direct Subsidized loans are for students demonstrating financial need. The financial aid office reviews the results of your FAFSA and determines your eligibility and amount. You are not charged interest while enrolled in school at least halftime. Monthly payments begin six months after graduation, withdrawal from school or dropping below half-time enrollment.


Direct Unsubsidized Loan

You are not required to demonstrate financial need to qualify for a Direct Unsubsidized loan. However, you must file the FAFSA for the school to determine the amount you are able to borrow. Interest accrues (accumulates) from the time the loan is first disbursed. You can pay the interest or you can allow the interest to accrue and be capitalized (added to the principal of your loan). If you choose not to pay the interest as it accrues this will increase the amount to repay because the principal of the loan has increased. Monthly payments begin six months after graduation, withdrawal from school or dropping below half-time enrollment.

More information regarding interest rates and fees can be found at http://studentaid.ed.gov/types/loans/interest-rates

NOTE: Graduate students are no longer eligible for subsidized loans; however, they can still borrow unsubsidized loans.

More detailed information regarding total aggregate loan limits and yearly aggregate loan amounts can be found at  http://studentaid.ed.gov/types/loans/subsidized-unsubsidized#how-much-can-i-borrow

Stafford loan proceeds are applied directly to the student's account electronically. The Financial Aid Office will notify the student each time a disbursement is applied.

How to Apply for Direct Stafford Loans:

First time borrowers must complete Loan Entrance counseling and a Master Promissory Note (MPN).

Transfer, non-traditional, and graduate students who have borrowed previously may have to complete a new Master Promissory Note (MPN). Check with your campus financial aid office to determine if a new MPN is required to be completed.

A student only completes one MPN for both types of Direct Stafford Loans.

Instructions to complete the Stafford application doane.edu/federal-direct-subsidized-unsubsidized-stafford-loans or by going to www.studentloans gov


Direct PLUS Loan (for parents):

Parents of a dependent student may apply for a Direct PLUS loan to help pay for their child's educational expenses. Dependent student status is determined by the FAFSA. Certain

eligibility requirements must be met to qualify as listed below:

  • The parent borrower must be the student's biological or adoptive parent. A stepparent may also be eligible.
  • The student must be enrolled at least halftime.
  • The parent borrower must not have an adverse credit history. (The U.S Department of Education will conduct a credit check).
  • The parent and student must be U.S. citizens or eligible non-citizens, and not in default on any education loans, as well as meet other general eligibility requirements.
  • A current FAFSA must be filed.

Parents may borrow up to the full cost of the student's university education minus the amount of any financial aid the student is receiving. Repayment begins once the loan has been fully disbursed. Repayment and deferment options are available. (Contact the loan servicer for more information).

More information regarding interest rates and fees can be found at http://studentaid.ed.gov/types/loans/interest-rates



The primary goal of student employment is to help students earn part of their financial aid to help with university expenses. The student's earnings are not credited toward their student account. Wages for hours worked are paid directly to the student by check or deposited into the student's personal bank account. Students can opt to have their earnings credited to their student account balance. To do so, they need to contact the Business Office.

If you are interested in on-campus employment and it was not included with your Financial Aid Award Notification, contact the Financial Aid Office for available options.

A student employment award is neither a guarantee nor an assignment of a job. It Is up to the student to search for a position and solidify employment. A listing of current openings can be found at doane.edu/workstudy


Types of Student Employment:

Federal Work Study

This is a federally funded, need-based employment program. The financial aid determines the student's eligibility by the results of the FAFSA. The amount indicated on the Financial Aid Award Notification is the amount that the student is eligible to earn during the academic year. Students are eligible for either on campus or off-campus employment openings.


Doane University Campus Employment (non-federal work study):

Doane hires students each year for a variety of on-campus student employment positions. A student does not have to demonstrate financial need to be employed through Campus Employment. The amount indicated on the Financial Aid Award Notification is the amount that the student is eligible to earn during the academic year.