How to Get DACA Student Loans

Published June 24, 2024 | By kdooley08

Deferred Action for Childhood Arrivals (DACA) recipients, often referred to as “Dreamers,” face unique challenges when it comes to financing their education. While federal student loans are not available to DACA students, there are several alternative options for obtaining student loans and financial aid.  This guide provides detailed information on how DACA students can secure funding for their education.

Understanding DACA and Its Limitations

DACA is a U.S. immigration policy that allows certain individuals who were brought to the country as children to receive a renewable two-year period of deferred action from deportation and become eligible for a work permit. However, DACA recipients are not eligible for federal financial aid, including federal student loans, Pell Grants, and work-study programs.

Financial Aid Options for DACA Students

Despite the federal restrictions, there are several avenues through which DACA students can obtain financial aid and student loans:

Private Student Loans

Private lenders offer student loans that do not require U.S. citizenship. However, most private loans require a creditworthy co-signer who is a U.S. citizen or permanent resident. Some lenders that offer private student loans to DACA students include:

  • Sallie Mae: Offers private student loans to DACA recipients with a creditworthy co-signer.
  • Discover Student Loans: Provides private loans with the requirement of a creditworthy U.S. co-signer.
  • Citizens Bank: Requires a co-signer who is a U.S. citizen or permanent resident.

Steps to Apply for Private Student Loans:

    1. Research Lenders: Identify private lenders that offer loans to DACA students.
    2. Check Eligibility Requirements: Ensure you meet the lender’s requirements, including having a creditworthy co-signer.
    3. Prepare Necessary Documents: Gather your DACA documentation, proof of residency, and co-signer information.
    4. Complete the Application: Submit the application online or through the lender’s specified process.
    5. Review Loan Terms: Carefully review the interest rates, repayment terms, and any fees associated with the loan.
    6. Accept the Loan: If approved, accept the loan terms and follow the lender’s instructions for disbursement.

Institutional Aid and Scholarships

Many colleges and universities offer institutional aid and scholarships specifically for DACA students. These can significantly reduce the cost of tuition and other educational expenses.

  • Institutional Scholarships: Check with your college’s financial aid office for scholarships available to DACA students.
  • Private Scholarships: Numerous organizations offer scholarships for DACA recipients, such as TheDream.US, Golden Door Scholars, and Hispanic Scholarship Fund.

Steps to Apply for Scholarships:

    1. Research Available Scholarships: Use online databases and consult your school’s financial aid office to find scholarships you are eligible for.
    2. Prepare Application Materials: This may include essays, recommendation letters, transcripts, and proof of DACA status.
    3. Submit Applications: Follow the specific instructions for each scholarship application.
    4. Meet Deadlines: Ensure all applications are submitted by their respective deadlines.

State Financial Aid

Some states offer financial aid to DACA students, including state grants and scholarships. States like California, Texas, and New York have specific programs for undocumented and DACA students.

  • California: The California Dream Act allows DACA students to apply for state-funded grants and scholarships.
  • Texas: The Texas Application for State Financial Aid (TASFA) provides access to state financial aid programs.
  • New York: The New York State DREAM Act offers state financial assistance to undocumented and DACA students.

Steps to Apply for State Aid:

    1. Determine Eligibility: Check your state’s policies on financial aid for DACA students.
    2. Complete State Applications: Fill out the necessary state financial aid applications, such as the California Dream Act Application or TASFA.
    3. Submit Supporting Documents: Provide any required documentation, such as proof of residency and DACA status.
    4. Follow Up: Monitor your application status and respond to any requests for additional information.

Additional Resources

  • Scholarship Databases: Use resources like Scholarships.com, Fastweb, and TheDream.US to find scholarships and grants for DACA students.
  • College Financial Aid Offices: Consult with financial aid advisors at your institution for personalized guidance and support.

 

Get DACA Loans WITH or WITHOUT a co-signer


 

How to find DACA scholarships

Finding scholarships as a DACA student can be a challenging process, but there are numerous resources and strategies that can help. Here’s a detailed guide on how DACA students can find scholarships:

Start with Scholarship Databases

Websites Dedicated to Scholarships for DACA Students

  • TheDream.US: This organization offers significant scholarships to DACA students to help cover tuition, fees, and books. They provide both national and opportunity scholarships.
  • Golden Door Scholars: Offers scholarships specifically for undocumented students, including those with DACA status, to attend college.
  • MALDEF (Mexican American Legal Defense and Educational Fund): MALDEF provides a scholarship resource guide specifically for undocumented and DACA students.

General Scholarship Databases

  • Scholarships.com: This comprehensive database allows you to search for scholarships based on various criteria, including those available to DACA students.
  • Fastweb: Another large scholarship search engine where you can create a profile and get matched with scholarships that fit your background and needs.
  • Cappex: Provides a user-friendly search tool for finding scholarships and college information.

Use Specific Search Terms

When searching online, use specific search terms to find scholarships tailored to DACA students:

  • “Scholarships for DACA students”
  • “Undocumented student scholarships”
  • “Scholarships for Dreamers”

Check with College Financial Aid Offices

Most colleges and universities have dedicated financial aid resources for DACA students. Contact the financial aid office at the institutions you are interested in and ask about available scholarships and grants.

Look into State-Specific Programs

Some states offer scholarships and financial aid programs for DACA students:

  • California: The California Dream Act allows DACA students to apply for state-funded financial aid, including Cal Grants and institutional scholarships.
  • Texas: The Texas Application for State Financial Aid (TASFA) provides access to state financial aid for DACA students.
  • New York: The New York State DREAM Act offers state financial assistance to undocumented and DACA students.

Non-Profit Organizations and Community Groups

Many non-profit organizations and community groups offer scholarships to DACA students. Some notable organizations include:

  • Hispanic Scholarship Fund: Provides scholarships for Hispanic students, including those with DACA status.
  • United We Dream: Offers a variety of resources and scholarship opportunities for undocumented and DACA students.
  • Immigrants Rising: Provides a list of scholarships that do not require proof of citizenship or legal permanent residency.

Associations and Corporations

Many professional associations and corporations offer scholarships to promote diversity and support education for all students, including DACA recipients. Examples include:

  • Microsoft Scholarship Program: Offers scholarships to students who demonstrate academic excellence and leadership in technology fields.
  • Google Lime Scholarship: Supports students with disabilities, including those who are DACA recipients, in pursuing careers in technology.

Tips for Applying

  • Prepare a Strong Application: Tailor your personal statement and essays to highlight your unique experiences and aspirations. Gather strong letters of recommendation from teachers, mentors, or employers.
  • Meet Deadlines: Keep track of scholarship deadlines and submit your applications on time.
  • Stay Organized: Use a spreadsheet or calendar to keep track of the scholarships you are applying for, along with their requirements and deadlines.

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Monica Monica developed the SMART method of applying for scholarships to help her son. This resulted in his winning over $100,000 in college scholarships and ultimately graduating from college 100% debt-free.

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