Financial Aid

aid  

Financial aid is a term for money that is granted or loaned to students to help them pay for college tuition. There are many types of financial aid that you may be eligible for. Scholarships, grants, loans, and work study programs are the main kinds of financial aid.
 
Types of aid

Grants are given to students based on financial need (need-based). This money does not need to be repaid.

Loans refer to money that is lent to a student but must be repaid after graduation.

Scholarships are awarded to students to help pay for college and are usually merit-based. This money does not need to be repaid. 

Work Study program allows students to work part-time during college, often for the university they attend. This helps students pay for their college tuituion and is sometimes included as a part of a financial aid package

 

For a more in depth overview of the different types of aid visit www.studentaid.ed.gov andhttp://www.finaid.org/

FAFSA

FAFSA  

FAFSA stands for The Free Application for Federal Student Aid. This is a form that must be filled out by all students applying for need-based financial aid. Applications can be submitted for the 2017-2018 school year beginning October 1st, 2017. The FAFSA can determine whether you qualify for different forms of aid such as Federal Pell Grants, state aid, or private aid.

For more information about the FAFSA visit  https://www.studentaid.ed.gov/fafsa

To read about the steps to complete the FAFSA visit http://www.collegexpress.com/articles-and-advice/financial-aid/articles/applying-financial-aid/how-fill-out-fafsa-step-step/ or  http://www.ed.gov/blog/2014/01/6-steps-to-filling-out-the-fafsa/ 

To complete the FAFSA visit https://fafsa.ed.gov/

For more information about Pell Grants visit https://studentaid.ed.gov/types/grants-scholarships/pell#how-much-money

 CSS (College Scholarship Services)

This is a financial aid profile that may be required by some colleges and scholarship programs. It is used to determine if you are eligible to receive private or institutional aid.  You can register for a profile online at http://student.collegeboard.org/css-financial-aid-profile