Types of Financial Aid

Helpful Programs

Apply For:

Before you can get federal and state financial aid, you need to complete the Free Application for Federal Student Aid (FAFSA).

See Apply for Financial Aid

What financial aid is available to me?

The most common types of financial aid are:

Grants

Grants are money you never have to repay. They are usually based on financial need, and are available from the federal government, state government, schools and private organizations.

Scholarships

Scholarships are usually based on merit such as good grades, high test scores, special talents (such as athletic or artistic), academic major, heritage, or community service.

Scholarships are offered by many organizations, including federal and state governments and private sources, such as:

You can find out the availability of these scholarships by contacting someone from the organization or by directly contacting its headquarters.

In addition, some organizations, particularly foundations, offer scholarships to minorities, women, and disabled students. To learn more, go to a public library and ask a librarian to help you look for directories that list such scholarships. College admissions offices and high school guidance counselors should also be able to provide more information.

See Scholarships & Finances for additional resources.

Work Study Programs

Work study programs are student employment opportunities where you earn money in a part-time job on or off campus to help pay for your education. Colleges may arrange these jobs for you.

See State Work Study Priority and Federal Work Study

Loans

Loans are money you borrow that must be repaid with interest. In most cases you do not start repaying until you leave college.

Loans are an important option, but students should borrow sparingly and only as much as needed. And be sure to understand all parts of the loan agreement and your obligations.

See Scholarships & Finances for additional resources.