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Types of Financial Aid for Undergraduates

Undergraduate financial aid comes in the forms of grants, loans, or student employment, and can be funded through federal, state, institutional, or private organizations.

    Merit-Based Scholarships

    Merit-based scholarships are awards that are granted as part of the admission review process.

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    Grants

    Grants are considered gift aid and do not need to be repaid.

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    Loans

    Loans must be repaid and are usually offered with an extended repayment period.

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    Work Study

    Work study is a work-to-earn program that is paid biweekly at an hourly rate.

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    Other Ways to Pay for College

    Explore external scholarships, 529 plans, tax benefits, and more.

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