Understanding Your Financial Aid Awards

"Scholarship" and "grant" aid are considered gifts and do not need to be repaid. "Loans" do need to be repaid and should be considered as serious commitments. "Work-study" is a way for students to earn money through a part-time job in order to contribute to their college costs.

All students are considered for all types of aid, and financial aid packages are made according to a student's eligibility in each program. Students must maintain satisfactory academic progress to keep financial aid eligibility as outlined on the Academic Grades and Financial Aid page. The offer of financial aid is conditional based upon continuation of legislative authority and availability of appropriated funds. Financial aid awards are based on data provided by the student on the Free Application for Federal Student Aid (FAFSA). Adjustments resulting from income, verification, changes in enrollment or housing status, or receipt of additional college or outside funding and scholarships may result in revisions to an original offer of financial aid.

Descriptions of the primary sources of federal, state, and college aid follow: