Financial Aid

  • Types of Financial Aid

    • Scholarships: Money awarded on a competitive basis by a college, business or organization. These non-repayable awards are based on outstanding academic achievement, talent or skill. Some scholarships are based on need.

    • Grants: Need-based financial aid that is not repaid. Grants are identified through the FAFSA process.

    • Student Loans: Money loaned by the federal government or private organizations to students or families at a low interest rate for college-related expenses. Student loan opportunities are identified through the FAFSA process.

    • Work-Study Programs: Working part-time for a college to help pay tuition costs. Work-study opportunities are identified through the FAFSA process.

    What is FAFSA?

    The Free Application for Federal Student Aid (FAFSA) is an application process for prospective college students in the United States to determine their eligibility for federal student financial aid, such as federal grants, work-study and loans. Completing and submitting the FAFSA is FREE, and  it gives you access to the largest source of financial aid to pay for college or career school.

    In addition, many states and colleges use your FAFSA information to determine your eligibility for state and school aid, and some private financial aid providers may use your FAFSA information to determine whether you qualify for their aid.

Scholarships

  • Many students and families are interested in obtaining scholarships to help subsidize the cost of a college education. It is important to note that the largest scholarships typically come from the colleges themselves. While there are scholarships available from private donors, organizations, community groups and more, these scholarship typically account for a very small percentage of the scholarships given. Students are encouraged to look for colleges where they meet the qualifications for scholarships. Keep in mind that some colleges do not offer scholarships.

    Students are encouraged to contact colleges for scholarship opportunities. Some scholarships are automatically awarded based on grades and ACT scores. Other scholarships require applications and are awarded based on a variety of factors.