Financial Aid and Scholarships

Financial aid is money provided to students to help pay for tuition and living expenses. There are four main types:

• Scholarships and grants: Awarded based on academic performance or financial need. You rarely have to pay back scholarships and grants.
• Loans: Borrowed money that you need to pay back over a number of years, almost always with interest and other fees. Interest amounts vary. For example,the Federal Direct Loan Program offers subsidized (interest paid) and unsubsidized loans for students and parents.
• Student Employment (Work Study): Students may be eligible to apply for a student job on campus and be paid for the hours they work.

Most students combine funds from financial aid with savings and income (their own and/or their family’s) to pay for their degrees.

Find out what types of aid you might be eligible for and how to apply:

Undergraduate      Graduate