Frequently Asked Questions

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General Questions

How should I apply for financial aid? 
All students requesting loan assistance must complete and submit The Duke Executive MBA Financial Aid Form to the financial aid office. U.S. Citizens and Permanent U.S. Residents requesting federal loan assistance must complete the Free Application for Federal Student Aid (FAFSA). The Free Application for Federal Student Aid may be found at www.fafsa.ed.gov. The Title IV code for The Fuqua School of Business is E00160. Once the financial aid office receives both Fuqua's financial aid application and the results of the FAFSA, a financial aid award notice will be sent.
When should I apply for financial aid? 
Students requesting financial aid must apply each academic year of their program. To determine the academic year of your program, please refer to Step 1 of the financial aid process. We recommend students apply for financial aid as soon as your federal tax information is available.
How will I know if my financial aid application is complete? 
Approximately one week after you submit your FAFSA, you will receive a Student Aid Report (SAR), which will indicate the receipt and initial processing of your application. Our financial aid office receives an electronic copy of the SAR. The FAFSA data for students is reviewed for accuracy and completeness. If additional information is needed, you will receive a written request from Fuqua. If no additional information is required or after requested information is received and reviewed, you will receive a financial aid award notice.
How is financial aid eligibility calculated? 
Financial aid eligibility is based on the information provided by students on the FAFSA. Cost of attendance, income and assets of students, tuition assistance from employers all factor into the determination of financial aid eligibility.
Once my financial aid eligibility is calculated, how much financial aid can I expect to receive? 
The financial situations of students can vary greatly, so we can not provide set amounts for what students can expect to receive. However, most students receive a combination of federal and alternative loans to help pay for tuition.
When can I expect to get a response from your office? 
Students who have completed both the FAFSA and The Duke Executive MBA Financial Aid Form by the recommended dates can expect a Financial Aid Award at least one month prior to the start of the term.
What is a financial aid award? 
The award notice will outline the available loans and information regarding the recommended lender for both federal and alternative student loan programs. Detailed information about the loan process will accompany the award notice.
I received my financial aid award, but have additional questions about the information I received. 
Please read the general information and loan instructions included with your financial aid award first. If there are remaining questions, you may contact our office.
I received my financial aid award, but need additional funds. 
Students can apply for alternative educational loans to help cover the cost of attendance for their program each academic year. Please see the Duke University Recommended Lender List for additional recommendations.
When should I start contacting lenders to apply for student loans? 

Contact lenders after you have received your award notice. However, since alternative student loan programs are credit-based programs, students who anticipate borrowing alternative student loans may consider contacting lenders earlier to make certain that they are creditworthy loan borrowers.

Most of the student loan applications are completed and processed electronically. Therefore, paper applications are unnecessary.  Generally, you will visit a lender's website to apply for a loan and electronically complete the promissory note. Subsequently, lenders will transmit your loan request to our financial aid office, so the loan may be certified and processed electronically.

When do I repay my student loans? 

ederal Stafford loans have a six month grace period from the date of graduation, date that a student drops below half time, or withdraws from school. The grace period for the Graduate Plus Loan is six months from the date of graduation, date that a student drops below half time, or withdraws from school.  This grace period is granted by request only.

Before it is time to start repayment you should receive a repayment schedule from the lender of your student loans. This disclosure should inform you of the total amount borrowed, current interest rate, and the total amount you will pay over the life of the loan if you follow the repayment schedule.

Can you tell me the cost of attending The Duke Executive MBA program? 
Please see details about tuition here.
I received my tuition bill but my financial aid does not show up? 
Financial aid is disbursed to the student bursar accounts no earlier than ten days before the start of each term. The Duke Executive MBA Program Office is aware of this guideline. As a result, students receiving financial aid from guaranteed sources (such as federal loans/alternative loans) only need to pay the amount of tuition that their aid does not cover. Student receiving financial aid can review their financial aid award to determine disbursement amounts.
Can I view my financial aid status online?  
Admitted students can view their financial aid award online through the ACES website. Your Net ID and password are required to log in.
I am receiving tuition assistance from my employer. How does this affect my financial aid? 
Employer Tuition Assistance is considered an additional financial resource and will affect eligibility for student loans.