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sources of financial aid

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STUDENT LOANS

  • Based on the FAFSA, financial aid officers at each participating institution determine the eligibility for student loans.
  • Must be repaid.
GRANTS

  • Awarded by the federal or state governments or by the school and are usually based on financial need.
  • Most do not have to be paid back.
SCHOLARSHIPS

  • Awarded to students based on financial need or for special talents in academics, music, athletics, etc.
  • Offered through colleges, your community, and other organizations.
  • Most do not have to be paid back.
FEDERAL
WORK-STUDY

  • Self-help aid that is awarded to students with financial need.
  • Students can work part time to earn this money to help with the cost of attendance.
  • Work-study jobs can be found on or off campus through the school's financial aid office.

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sources of financial aid






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