Duke University
Financial Aid -- Making Your Duke Education Affordable
spacer image to produce gray vertical line  
spacer image to produce 15px left buffer for text

Duke Education Assistance Loan (D.E.A.L.)

 

Description

  • Low interest Institutional student loan
  • Based on demonstrated Institutional Need through submission of FAFSA and other required documents.

Eligibility

  • Awarded by Financial Aid Office
  • Enrolled at least half-time in degree program

Interest Rate

  • 6%

Fees

  • None

Repayment

  • Begins 6 months after graduation or less than half time enfollment from the University
  • Payment up to 10 years

Disbursement

  • Funds are disbursed at the beginning of each term awarded
  • Promissory Note is required

 

How to Apply:

  1. Eligibility will be determined by Duke's Financial Aid office and included in the student's award notification letter.
  2. You will receive the D.E.A.L. Promissory note, Truth-in-Lending Statement , and disclosure form by mail from the Student Loan Office. Complete the packet in its entirety and return with the enclosed envelope.
spacer image to simulate content well space 		 
spacer image to generate gap between page body and footer
spacer image to generate gray horizontal rule between page body and footer
spacer image to produce 15px left buffer for text
spacer image to generate gray horizontal rule after footer
spacer image to generate gap after footer

© Duke Financial Aid