Introduction to Financial Aid

What is financial aid?

Financial aid is money to help pay for educational programs. Aid can come from various sources: the U.S. federal government⤷; the state where you live⤷; the college you attend⤷; or a nonprofit or private organization⤷.

There are 2 major categories of financial aid: gift aid and loans.

  • Gift aid is money that does not have to be repaid. Scholarships and grants are gift aid.
  • Loan aid is money that you borrow to help you pay for school. Loans do have to be repaid, generally after graduation from your program.

Who is eligible for financial aid?

Eligibility requirements vary by program. To be eligible for federal financial aid, you must meet the following minimum requirements,:

  • Be a U.S. citizen/national or eligible non-citizen;
  • Be enrolled at least half time in a degree-seeking program;
  • Make satisfactory academic progress toward a degree;
  • Not be in default on a student loan or owe a refund on student financial aid received at UFCD or any other institution;
  • Register with the Selective Service Administration, if required to do so.

Please select your program on the left-hand menu for detailed information on eligibility requirements and the types of aid that are available.

Who should apply?

Anyone in need of financial aid should apply. All DMD, Graduate, & AEGD Hialeah students who meet the above federal financial aid requirements may borrow federal loans.

How and when do I apply?

Complete a Free Application for Federal Student Aid (FAFSA)⤷ online. The FAFSA is the first step for all financial aid programs at UFCD.

The FAFSA opens each year on Oct. 1. The FAFSA must be received by Dec. 15 to meet the UF “on time” financial aid deadline.

All students should apply each and every year! Financial aid is not renewed automatically.

How does the University determine my budget?

Student budgets can only include costs of attendance (COA) for the individual student. The COA will include tuition, books/supplies, and allowance for living expenses. Additional living allowances for married students or students with children are not included. A standard child care allowance, however, may be included, depending on the ages of the student’s children.

The COA is created by the University of Florida, not by the individual student. Click here to get a brief understanding of how UF calculates budgets.

What happens after I apply?

UF will receive your FAFSA information within 3-5 business days of completion. You are then responsible for following up on your financial aid status. You will receive communications from UFCD and the UF Office for Student Financial Affairs about your status. You should monitor your postal mail and email for information. Questions may be sent to FinancialAid@dental.ufl.edu.

Does the University verify information on the FAFSA?

“Federal Verification” is a review process, mandated by the federal government, to check the accuracy of information reported on financial aid documents submitted by students and their families. Nationwide, the federal government selects more than 30 percent of student financial aid applications for verification.

If your application is selected for verification, you will receive official notification from the Department of Education via your Federal Student Aid Report (SAR). Do not submit any documents unless the UF Office for Student Financial Affairs request that you do so. Notification will be sent to you via email.

If I’m eligible for aid, when will I receive it?

Per regulations, federal financial aid cannot be disbursed more than 10 days prior to the first day of the semester. Most aid is disbursed during the first week of each semester. Students who apply late or are selected for verification may receive their aid late. These students should be prepared to pay their initial costs from other sources.

What financial aid-related materials do I need to gather and retain?

Your financial aid records should contain the following:

  • Photocopies or printouts of your completed FAFSA
  • Photocopies of your/your parents’ income tax forms and W-2s
  • Your Federal Student Aid Report or a photocopy of it
  • Photocopies of forms or information used to complete your aid application and all correspondence with UF and other aid agencies
  • Your financial aid award letter (or a copy) from UF
  • Your FSA ID

You should keep all financial aid materials, especially your FSA ID, confidential and secured.

What are some things I can do to increase my chances of getting financial aid?

  1. Apply Early. Complete the FAFSA as soon as possible after Oct. 1 each year online at FAFSA on the web⤷.
  2. Read Instructions Carefully.
  3. Respond Quickly to all requests from our office and the other aid agencies to speed up the process and get your money sooner!
  4. Ask Questions! If you are unsure about any part of the application process, please contact the UFCD Financial Aid Office at FinancialAid@dental.ufl.edu.

Where do I get information on my financial aid status and complete loan entrance/exit requirements?

Students with an active financial aid file can obtain information on their financial aid status on ONE.UF⤷.

Entrance counseling for Federal Direct Loans is completed online at StudentLoans.gov⤷.

Exit counseling for Federal Direct Loans is also completed online at StudentLoans.gov⤷. Other types of loans may have different exit counseling; students will be notified of such requirements.

Can I use Florida Bright Futures to pay for my DMD degree?

In certain situations, yes. Students who complete their bachelor’s degree in 7 semesters or fewer OR 105 credits or fewer may receive funding for one semester of graduate study, not to exceed 15 credit hours paid at the undergraduate rate.

IMPORTANT NOTICE

Any financial aid (scholarship, grant, loan, etc.) received via any source other than the University of Florida MUST be reported to the Office for Student Financial Affairs. Reports of outside aid should be submitted via the Additional Aid Reporting page in Student Self Service. Failure to report outside aid could jeopardize receipt of federal financial aid and/or result in repayment of federal financial aid funds. Please contact the UFCD Financial Aid Coordinator at FinancialAid@dental.ufl.edu with questions about this process.