Financial Aid

What is Financial Aid?

Financial aid is simply money that is used to help cover your educational expenses at D&E. It comes in two forms: gift and self-help aid. Gift aid is money that does not require repayment. Examples of gift aid include Federal Pell Grants and D&E scholarships. Self-help aid is aid that is either earned through work or borrowed through student loans that must be repaid. Self-help aid can help you to gain valuable work and financial experience while also helping to cover your educational expenses. Federal Work-Study and Federal Direct Loans are both examples of self-help aid.

If you’re a West Virginia resident and you want to apply to the following state programs, you have to fill out the FAFSA first. Be sure to hit these deadlines to attend school that fall:

West Virginia PROMISE Scholarship – Submit the FAFSA by March 1st
West Virginia Higher Ed Grant – Submit the FAFSA by April 15th

For more information about these state programs, visit the College Foundation of West Virginia’s website.

Learn more about FAFSA and apply for federal aid

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Financial Aid Policies and Procedures

Davis & Elkins offers a complete range of financial aid services and financial assistance programs. Approximately 98 percent of our students receive scholarships and/or some type of financial assistance. The average financial aid package is well over $30,000 from all sources. The purpose of the College’s financial aid program is to help students and their parents identify all the sources of assistance and funding for which they are eligible. Types of financial assistance vary according to the source of funding, whether it is federal, state, institutional or private agency.

Eligibility is determined by a review of the student’s application materials and other information, including test scores, grade point average, class rank, evidence of service and leadership potential, performance auditions and athletic promise. Scholarships awarded by the College are competitive. They are designed to recognize and reward student success. Thus, not all students should expect to receive scholarship awards.

Complete policies and procedures can be found in our Financial Aid Manual.

Covid-19 update

D&E’s primary goal in our response to COVID-19 is the health of that community as we continue this institution’s mission of high standards of education, and to prepare and inspire students for success and thoughtful engagement in the world. Read more in our Guide for Returning to Campus.

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