Financial aid takes many forms that fall into three categories: merit-based, need-based and supplemental aid. Your student may be eligible for scholarships, grants, loans and work-study when he or she applies.
Scholarships and grants do not have to be paid back. Loans must be repaid.
These awards are based on high school performance and SAT/ACT scores.
These awards are based on superior achievements in athletics, the arts, JROTC, leadership, community service, need based or other areas of noteworthy accomplishment.
This financial assistance is based primarily on income, family size and asset information. It can be offered by a university or by the government.
FEDERAL AND WORK-STUDY
This program provides part-time university employment.
A number of supplemental educational loan programs exist to allow families to borrow up to their student’s full cost of attendance. Most student college loans offer low, fixed interest rates and flexible repayment terms.