DNI has personnel trained to evaluate eligibility for financial assistance and to assist students with their financial needs. Students will have individual consultations to determine a financing arrangement that suits their needs and personal situation and meets the requirements of the school. As an accredited post-secondary institution, DNI has numerous federal financial assistance programs available to qualified students. These programs exist to overcome financial obstacles and assist students in paying for their educational expenses.
Applying for Financial Assistance
Each student will have a personal consultation in the Financial Aid office. The students will be given a Free Application for Federal Student Aid (FAFSA).
The interview will also identify other supporting documents necessary to determine financial assistance eligibility. During this consultation process, the Financial Aid Officer will assist the student in completing all the forms necessary to apply for and receive financial assistance.
It is the responsibility of the student to provide the requested documents in a timely manner to determine and verify eligibility.
Net Price Calculators
In accordance with the Higher Education Opportunity Act of 2008 (HEOA) and the U.S. Department Of Education, schools participating in Title IV federal student aid programs mus provide a net price calculator on its website that provides estimated pricing information to current and prospective students, and their families, based on a student’s individual circumstances. The net price calculator is required for all Title IV schools that enroll full-time, first-time-degree or certificate-seeking undergraduate students.
The Free Application for Federal Student Aid (FAFSA) is used by the U.S. Department of Education to determine your Expected Family Contribution by conducting a “need analysis” based on financial information that you (and your parents if you are a dependent student) will be asked to provide. After the form has been processed, the results are electronically transmitted to our financial aid office where they are used to determine financial aid availability.
This U.S. Department of Education site is where students complete the Master Promissory Note (loan application) and student loan entrance counseling. Both are required for taking out a student loan.
The leading online resource in finding scholarships and helping students pay for school, Fastweb includes targeted scholarships, financial aid, and career advice.
DNI has teamed up with SALT. SALT offers free services that help students manage their money and student loans. SALT services include:
- Interactive money management tools that shows students how to take control of their finances.
- A personal dashboard that tracks all federal student loans in one place.
- Loan advice from SALT’s expert counselors.
- Access to thousands of jobs and internships.
- Exclusive benefits that help students save and spend smart.
- To learn more, please visit saltmoney.org, or watch the following introductory video.
Information on Funding Sources
Unlike a loan a Federal Pell Grant does not have to be repaid. Pell Grants are awarded only to undergraduate students who have not earned a bachelor’s or a professional degree. The maximum Pell Grant award is determined annually by the Department of Education. The award a student may receive, however, will depend on financial need, the cost to attend school, student enrollment status (i.e. full time or part time) and if a student plans to attend school for a full academic year or less.
DNI VN Grant
Maintaining our commitment to providing an affordable nursing education that focuses on serving the needs of our community, we are now offering a new option to help pay for your education.
Beginning spring term (May) 2015, incoming Vocational Nursing (VN) students may be eligible for additional financial assistance through the DNI VN grant.*
Determined as part of a student’s initial financial aid award package, this non-cash grant will be initially awarded in four equal disbursements and applied to the student’s tuition charges.
For more information, please contact the Financial Aid Office.
*The DNI VN grant cannot be combined with other institutional scholarships or special tuition rates and is subject to review for continued eligibility and recalculation in subsequent financial aid award years. To maintain eligibility, students must remain in good academic standing as defined in the DNI catalog and make satisfactory academic progress.
Federal Stafford Loans
Stafford loans are offered as both subsidized and unsubsidized. Most students are eligible for Stafford Loans regardless of credit history. Stafford Loans are eligible for consolidation, in-school deferment, and a six-month grace period upon a student dropping below half-time enrollment.
What are the differences between subsidized and unsubsidized loans?
- Subsidized Stafford loan: This is a need-based loan. Interest is not accrued while you are in school or during your 6 month grace period which begins immediately upon dropping below half-time enrollment.
- Unsubsidized Stafford loan: Interest begins accruing immediately upon full disbursement. Payment will not begin until six months after dropping below half-time enrollment.
Federal Parent PLUS Loans
Direct Parent PLUS Loans are designed to help parents of dependent undergraduate students meet their educational costs. Parents may borrow up to the cost of education for the academic year less any other financial aid received. PLUS Loans are available only to borrowers who do not have adverse credit histories. Repayment begins 60 days after the loan is fully disbursed. Parent borrowers have the option of deferring payment until after their dependent student graduates or drops below half-time enrollment.
Financial Aid Office
Hours: Monday – Thursday 9am – 8pm, Friday 9am – 5pm
Office of Student Accounts
Hours: Monday – Thursday 9am – 8pm, Friday 9am – 5pm