College of Science and Health

Financial Aid

Who is Eligible for Financial Aid

How to apply for Financial Aid

Disbursement of Financial Aid

How to Maintain Eligibilty for Financial Aid

Types of Financial Aid Available

Who is Eligible for Financial Aid?

Financial aid is available for students who:

are U.S. citizen, U.S Nationals, permanent residents, refugees, asylees, and other eligible non-citizens
have a valid Social Securtiy number
are enrolled at least half-time (6 units) in a semester
are in an undergraduate or graduate program that leads to a degee or certificate
if male, are registered with the Selective Service System
are not in default on a federal educational loan and who
do not owe a refund on a federal grant
are making satisfactory academic progress
demonstrate financial need (except for the Unsubsidized Stafford Loan and the Parent Loan for undergraduate PLUS loan and some scholarship programs)

Ineligible Categories of Students
The following categories of students are not eligible for
financial aid:

international student who are in the country temporarily
other categories of non-immigrant students
students on Limited or Special status

Students who do not meet the eligibilty criteria above may qualify for alternative loan programs and some scholarships.

Calculating your financial need

Approximately one to three weeks after you submit your FAFSA, Charles Drew University of Medicine & Science will receive your application information electronically from the federal processor. Respond promptly to any requests for supplemental information or documents.

Your eligibilty for financial aid is the difference between the established Charles Drew University of Medicine & Science expenses for the academic year and your expected family contribution (EFC). Your EFC is the number used in determining your eligibility to receive financial aid funds.

Determination of Financial Aid Eligibilty
Student Budget(what is costs you to attend school)

Minus - Parent contribution (how much your parents are expected to provide)
Minus - Student contribution (how much you are expected to use for your education from earnings and assets)
Equals = Financial Aid Eligibilty (the maximum amount of aid you can receive)
Outside aid (Federal Pell Grant, Cal Grant, outside scholarships, and outside loans)
Plus + Charles R. Drew Aid (scholarship, loan, and/or work study)
Equals - Financial Aid Package (this figure will be equal to or a little less than your financial aid eligibilty if you meet all application deadlines)

Determining your Award

Once your financial need has been determined, Charles Drew University of Medicine & Science will offer you a financial aid award package which may contain grant, loan, and work study. You will receive a Financial Aid Award letter which lists the types and amounts of financial aid for which you qualify.

The amount of your award depends on several factors, including the following:

your financial need
your GPA (for Cal-grant) and some scholarship programs)
your family's total income and assests
when your FAFSA was filed
when your financial aid application file was completed with the Charles Drew University of Medicine & Science Financial Aid Office
other resources, such as scholarships, VA benefits, financial assistance, etc.., that you are receiving

If you receive additional funding from any other sources after you receive your financial aid award letter, you must report the source and amount of each award to the Financial Aid Office. This information must be provided in writing, the Office of Finance will also be notified. Charles Drew University of Medicine & Science will have you sign a revised award letter if any adjustment is needed based on changes in your financial need or information we receive about other sources of funding for which you qualify.