How can you make college more affordable? Scholarships, grants, and loans. Explore the types of aid that can reduce the overall sticker price.
- Scholarships are a form of gift aid and do not need to be repaid. They are awarded based on academic achievement and other criteria such as diversity, program of interest, or other talents you might have. Many institutional scholarships are automatically awarded but some require an application.
- Grants are awarded automatically, usually based on financial need. Like scholarships, they do not need to be repaid. Eligibility for most grants is determined based on information you provide on the Free Application for Federal Student Aid (FAFSA) and/or other institutional financial aid forms.
- A loan is money you can borrow that must be repaid once you either a) graduate, or b) are enrolled in college less than half time. Loans can help bridge the financial gap left after other aid and can be an important resource for investing in your future.
- Take advantage of the more than 1,500 on-campus jobs offered to students.
- Students who have served—or have parents who have served—in the United States military may be eligible for military education benefits.