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Additional Funding Options
DWU Payment Plans
- Set up payments to come directly out of your checking or savings
account. By selecting this option, no interest will accrue on your
outstanding balance with the DWU Business Office.
- Write a check each month. By selecting this option, there will be
a 1% interest fee charged monthly on your outstanding balance.
- If you have questions regarding the payment plans, please contact
the DWU Business Office at 605-995-2693.
Federal PLUS Loan
- This is a loan that your parent may be able to borrow if you are
an eligible dependent student. We recommend that your parent complete
the pre-approval process even if he/she does not want to take out
the Federal PLUS Loan.
- To complete the pre-approval process for the Federal PLUS Loan,
your parent can either go to www.eac-easci.org/knownow
or call 1-800-458-4011. This takes about 5 minutes to complete.
- If your parent is approved, he/she has the option to take out this
loan.
- If your parent is denied the Federal PLUS Loan, you will qualify
for additional Unsubsidized Federal Stafford Loan money. The amount
received will depend on your grade level.
- If your parent would like to borrow the Federal PLUS Loan, he/she
can do this anytime during the semester. However, we recommend that
the process be done before the semester begins. The DWU Financial
Aid Office will send your parent the Federal PLUS Loan paperwork upon
receiving notice of the pre-approval.
- Please review the PLUS vs. Alternative
Student Loan information
Alternative Student Loans
- Beyond the Federal Stafford Loan(s), you may apply for additional
loan money through an alternative student loan.
- You may need a cosigner if you have bad credit or have NOT established
ANY credit.
- Please review the information about our preferred
alternative loan lenders. You can apply for the alternative loan
of your choice at this web address OR contact the DWU Financial Aid
Office for a paper application.
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