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Tuition and Financial Aid

50 Acacia Avenue 

San Rafael, CA 94901-2298

P: 415.257.1350

F: 415.485.3294

E: finaid@dominican.edu

 

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Monday through Thursday:

9:00 a.m. to 6:00 p.m.

Fridays:

10:00 a.m. to 5:00 p.m.

 

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Tuition and Financial Aid

Our mission is to enable the success of students at Dominican by providing accurate and efficient services while distributing limited financial aid resources in a fair and equitable manner. Services you may expect to receive include financial aid advising on the application process and availability of aid; processing of financial aid scholarships, grants, loans, and work study; and information on where and how to find external sources of financial aid.

The value of a Dominican education extends well beyond the college years, meaning making an investment in a Dominican education is one of the most important and worthwhile decisions you and your family will make. Yet, financing education and managing college costs can seem challenging. 

The good news is that Dominican students receive significant financial support from a variety of sources including Dominican scholarships and grants, federal and state grants, federal and private loans, work-study, and external agency support.

In fact, more than 75% of students at Dominican receive aid to help manage college costs, and more than 90% of undergraduate first year students receive scholarship or grant aid.

We are here to help!  The staff in Dominican's office of Financial Aid endeavors to guide students and families through one of the most complex aspects of college enrollment—managing college costs.

Please read this information carefully and check back before each term as there may be changes which may impact your financial aid, such as changes to federal and state laws and or budgets. 

NEWS AND UPDATES

 

Recent Changes to loan limits

If you are a first-time borrower on or after July 1, 2013, there is a limit on the maximum period of time (measured in academic years) that you can receive Direct Subsidized Loans.  This time limit does not apply to Direct Unsubsidized Loans or Direct PLUS Loans.  For more information click here.

 

Recent Changes to Federal Direct Student Loans

Congress passed and, on August 9, 2013, President Obama signed into law the Bipartisan Student Loan Certainty Act of 2013.  This new law moves all federal student loans, disbursed on or after July 1, 2013,  (except Perkins Loan) to a market-based interest rate.  

The Smarter Solutions for Students Act:

  • Calculates subsidized and unsubsidized Stafford Loans using a formula based on the 10-year Treasury Note plus 2.05 percent for undergraduates and 3.6 percent for graduates.
  • Calculates graduate and parent PLUS Loans using a formula based on the 10-year Treasury Note plus 4.6 percent.
  • Resets student loan interest rates once a year, allowing rates to move with the free market and ensuring borrowers can take advantage of lower interest rates when available.
  • Protects borrowers in high interest rate environments by including a 8.25 percent cap for undergraduates, a 9.5 percent cap for graduates on Stafford Loan interest rates and a 10.5 percent cap on PLUS Loans.
  • Provides stability for low- and middle-income student working to finance their post-secondary education, and prevents future uncertainty about whether Congress is going to act in time to change the interest rate.

 

New Interest Rates for Loans disbursed after July 1, 2014

 

Undergraduate Students

  • Direct subsidized and unsubsidized Stafford Loans - 4.66%
  • Direct PLUS Loans for parents of dependent students - 7.21%

Graduate Students

  • Direct unsubsidized Stafford loans - 6.21%
  • Direct PLUS Loans for Graduate/Professional students - 7.21%

Learn more about how interest is calculated on your federal student loan by clicking here.

 

Student Health Plan Through Aetna: 

    Open Enrollment for Fall until September 21, 2014. The Dominican Student Health Plan is mandatory for students who are enrolled in 6 units or more, but students may waive coverage by providing proof of healthcare coverage through another plan. 
    Students on the Ukiah campus are exempt from the insurance requirement.

     

It is the student's responsibility to either enroll or waive coverage by September 21, 2014.

  • Go to aetnastudenthealth.com
  • Enter "Dominican University" in the Find Your School field
  • Click the "Enroll/Waive:Student Health Insurance Plan" link
  • Log onto the Aetna site using your 9-digit student number starting with zeros. If your student id is 123456, you will use 000123456 to log in.
  • If you have any questions,please contact Business Services at 415-257-0161 or check out the Health Care Kiosk located in the Business Services Office (Bertrand 103).
  • The cost for the Aetna Insurance plan is $2,604. This charge is divided into two semesters: $1,085.00 will be added to the Fall bill and $1,519.00 will be on the Spring bill. This insurance rate equals $217.00 per month.

    Medical coverage runs from August 15, 2014 to August 14, 2015. Please refer to the Aetna website for information about coverage during the designated breaks and the summer months.


    Loan Exit Counseling

    If you are graduating this term and have borrowed federal student loans, you must complete Loan EXIT Counseling. Go to: studentloans.gov and click on "Exit Counseling" under Tools & Resources in the middle of page. This will only take about 15 minutes to complete and is required if you borrowed federal loans. Please stop by our office if you have questions.

     

    FAFSA 2014-15

    If applying for Financial Aid for the 2014-15 academic year, start thinking about filing your Free Application for Federal Student Aid (FAFSA). The FAFSA for 2014-15 is now available. For more information click here.

    Priority FAFSA Deadline is March 2nd of every year. 


    Cal Grant Eligibility 

    If you have not completed at least 24 units by the end of the Fall 2014 term at Dominican you will need to go to your prior college/high school and have them complete the GPA Verification Worksheet on your behalf.

    If you have completed at least 24 units by the end of the Fall 2014 term and you are a California resident, Dominican University will electronically submit your GPA to the California Student Aid Commission (CSAC) for competitive Cal Grant consideration. 

    Please click here to view Cal Grant Application Information.

    For more information go to: csac.ca.gov

    To create an online account with the California Student Aid Commission click on the URL in the image below. 

     

     

     

     

     

     

     

     

     

     

    *In meeting with the requirements of the State of California, Dominican University of California must make passage rates available for graduates of undergraduate programs leading to employment for which passage of a California licensing examination is required. Pass rates for the NCLEX examination can be found on the website of the Board of Registered Nursing by clicking here.

     

     

    Contact the Office of Financial Aid

    Dominican University of California
    50 Acacia Avenue
    San Rafael, CA 94901-2298

    (415) 257-1350 Voice

    (415) 485-3294 Fax 

    finaid@dominican.edu

    (888) 323-6763 Admissions

     

    • Monday through Thursday: 9:00 a.m. to 6:00 p.m.
    • Fridays 10:00 a.m. to 5:00 p.m.

     

    Code of Conduct

    The Dominican University of California Office of Financial Aid is a member of the National Association of Student Financial Aid Administrators (NASFAA) and therefore adheres to NASFAA's Statement of Ethical Principles and Code of Conduct for Institutional Financial Aid Professionals.


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