Scholarship Payment Process
If you satisfy all of the DSF Scholarship requirements, the amount of your scholarship award will depend on your Expected Family Contribution (EFC), your enrollment level, your program of study, the type of college you attend and when you graduated from high school and first became eligible for the DSF Scholarship.
Please read below for commonly asked questions about the DSF Payment Process.
Read more about the 15 Credit-Hour Incentive Awards here. *15+ Credit Incentive Award Amounts apply to any 2017 cohort student with qualifying enrollment, regardless of eligibility for federal aid or Pell range.
|2017 Cohort DSF Scholars - Annual Award Amounts|
|DSF Partner College Type||EFC: 0 - 5,328||EFC: 5,329 - 7,992 or Ineligible for Federal Student Aid (DACA)||Total DSF Award Payment with Incentive Award for Enrolling in 15+ Credit Hours*|
|2016 Cohort DSF Scholars - Annual Award Amounts|
|College Type||EFC: 0 - 5,328||EFC: 5,329 - 7,992 or Ineligible for Federal Student Aid (DACA)|
|2013, 2014, & 2015 Cohort DSF Scholars - Annual Award Amounts|
|College Type||EFC: 0 - 5,328||EFC: 5,329 & higher or Ineligible for Federal Student Aid (DACA)|
For information on how long can you continue to receive the DSF Scholarship, click here.
*To be considered for a DSF Scholarship, if you are a member of the 2013 or 2014 Cohorts and you are eligible to receive Federal Student Aid, your EFC must be less than twice the maximum qualifying EFC for the federal Pell Grant ($10,656 in 2017) upon completion of your financial aid file. Once DSF has confirmed your qualifying EFC (usually in your first year as a DSF Finalist), we do not confirm your qualifying EFC again.
If you are a member of the 2015, 2016, or 2017 Cohort and you are eligible to receive Federal Student Aid, your EFC must be less than 1.5 times the maximum qualifying EFC for the federal Pell Grant ($7,992 in 2017). The Pell limit is set by the federal government each year.
Financial need for students who are ineligible for Federal Student Aid is based on qualification for Free/Reduced Price meal benefits during high school.
How much is my 2017-18 DSF Scholarship award?
All DSF Scholarship requirements and deadlines must be met to be considered for a scholarship payment each term.
Scholarship award amounts depend on the college you attend. For a list of eligible DSF Partner Colleges, click here.
The amount of your scholarship award also depends on:
- Your DSF Cohort year;
- Your eligible to receive Federal Student Aid;
- Your Expected Family Contribution (EFC)*, if you are eligible for Federal Student Aid;
- Number of credit hours for which you are enrolled. See Full-Time Enrollment Requirement for more information.
The 2017-18 scholarship amounts shown in the following tables are annual flat rates for students who enroll full-time for the entire academic year (August–May or September–June). The annual award amount will be divided into payments based on the number of terms at your college (two payments at colleges on the semester system or three payments at colleges on the quarter system).
DSF Scholarship award amounts may change annually.
When will my DSF Scholarship payment be sent to my college?
DSF strives to process scholarship awards within the first two weeks of the term.
However, DSF must first confirm that you have:
- Demonstrated financial need with a qualifying EFC* if you are eligible for Federal Student Aid; or by qualifying for Free/Reduced Price meal benefits during high school, if you are ineligible for Federal Student Aid; and
- Enrolled full-time (12 credit hours or more) at an eligible DSF partner college; and
- Completed all financial aid requirements, if you are eligible for Federal Student Aid, or if you are ineligible for Federal Student Aid, complete all requirements to be considered for institutional financial aid and ASSET, if applicable, by July 15, 2017 for the 2017-18 academic year; and
- Met Satisfactory Academic Progress (SAP) requirements at your college; and
- Met all Student Success Requirements (SSR) in the previous term, if required.
NOTE: If you transfer colleges, you must meet all the requirements above along with the transfer requirements described below.
- Submit a College Choice Form (CCF) through the DSF Student Portal at portal.denverscholarship.org no later than July 15, 2017 for the 2017-18 academic year; or
- Complete the Mid-Year Transfer Form with the Campus Contacts at both colleges and submit to DSF no later than February 1, 2018 for the winter/spring term.
Scholarship awards cannot be processed until we confirm all requirements are met, so DSF Scholarship awards may not be received before tuition or other educational expenses are due. We encourage you to discuss payment plan options with the Office of Financial Aid at your college.
How will I get my scholarship check?
If you qualify for a scholarship award, the scholarship check is sent directly to your college. The scholarship award is first applied to the amount due on your college account (for tuition, fees, etc.). If there is an amount remaining after the scholarship is applied to your tuition or if you did not have an outstanding balance, your college will refund the balance to you.
Why is the DSF Scholarship not showing up on my financial aid award letter?
What happens to my scholarship if I add or drop classes?
You should notify both DSF and the Office of Financial Aid at your college when your enrollment level changes. If your enrollment level changes after DSF made a scholarship payment during an academic term, the award amount may be adjusted.
- If your enrollment level increases, DSF may make an additional scholarship payment, which will vary depending on your enrollment level. DSF will need to confirm your enrollment increase directly with your college.
- If your enrollment level decreases or if you completely withdraw from classes, the college will return funds to DSF in accordance with their institutional award and refund policy. You may be required to re-pay these funds to the college. DSF’s Refund Policy is based on the refund policy each college has in place. If you have questions about your school’s refund policy, contact the Office of Financial Aid at your college.
If I transfer, will my DSF Scholarship transfer to my new college?
DSF Scholars who are awarded a DSF Scholarship during the Fall 2017 term may be considered for a Winter/Spring award at a different DSF partner college if they transfer and submit the Mid-Academic Year Transfer Form to DSF by February 1, 2018 and the following conditions are met:
- A transfer is required to stay on track for your degree pathway:
- You graduated with a certificate or associate’s degree in the Fall or Winter term and are transferring to a different DSF partner college to continue on your program’s degree path in the Winter or Spring term; or
- You have completed all basic requirements at your current institution and must transfer to a different DSF partner college to complete your degree program (i.e. completed all course requirements at a 2-year institution and transferring to a 4-year institution to stay on track for a bachelor’s degree).
- After careful consideration of the potential impact of your transfer, you have decided that transferring to a different partner college will better allow you to stay on track for your degree based on academic/financial/social fit.
- Received a DSF Scholarship award in the Fall term (or the only reason you did not qualify for a Fall award was because your years of eligibility at your Fall college type had expired); and
- Met Satisfactory Academic Progress (SAP) during the Fall term; and
- Completed your DSF Student Success Requirement (SSR) during the Fall term; and
- Completed your financial aid file at your new institution by February 1.
The Mid-Year Transfer Form requires the signatures of the Campus Contacts from both your Fall/Winter college and your new college certifying that your transfer is required to stay on track for your degree pathway.
I’m a 2017 Cohort DSF Scholar and I’m enrolled in 15 credits this term. Am I eligible to be considered for an increased DSF scholarship award?
Yes! To encourage DSF Scholars to complete their degrees on time, Scholars in the 2017 and later cohorts may qualify to receive an incentive award payment, in addition to their DSF award, if enrolled in 15 or more credit hours in the current term in an associate’s or bachelor’s degree program. The award chart shows the incentive award amounts for each type of degree program. Click here for more details about incentive awards.