• What is Financial Aid?

    College financial aid helps students and their families by covering higher education expenses such as tuition and fees, room and board, books and other coursework supplies, and transportation. There are several types of financial aid:

    • Grants.
    • Scholarships.
    • Federal or private loans.
    • Work-study and other programs.
  • How Does Financial Aid Work?

    Different types of financial aid are provided through various sources, such as federal and state agencies, colleges, high schools, foundations and corporations. The amount of aid a student receives depends on federal, state and institutional guidelines. Keep in mind that the way federal financial aid works is that a student must first apply for the aid by answering a series of questions used to determine his or her ability to pay for college. Once a student completes their application, aid is awarded based on that application, and the student has the choice to accept or reject the aid offered. The type of aid offered determines whether it will have to be repaid. Sometimes, a student must complete additional applications to be considered for scholarships or private aid.

If you are having trouble viewing the document, you may download the document.
If you are having trouble viewing the document, you may download the document.