Financial Aid

Types of Aid

Grants and Scholarships (do not need to be repaid)
Grants are tuition assistance awards based on financial need. They are available from the federal and state government as well as individual colleges and universities. Scholarships are monetary awards available from a university or through external sources. This type of aid is determined by academic achievement and/or financial need and is applied directly to your college costs.

Student Employment (does not need to be repaid)
Student employment is money that students work for as part of their financial aid. Called College Work-Study, this type of aid is generally determined by financial need and consists of part-time employment on- or off-campus.

Loans (must be paid back with interest)
Loans are money that you borrow from a financial institution or a university for your education that you have to pay back with interest. Two types of loans are available—subsidized and unsubsidized. Subsidized loans are determined by financial need; unsubsidized loans are not. Students are eligible to apply for a number of loan programs to help finance their education.