Types of Financial Aid

The University participates in various federal, state, institutional and private financial aid programs. There are three major types of financial aid. 

Grants and Waivers
Financial aid that does not have to be repaid, except in the case of an overpayment that resulted due to the student withdrawing from school before the end of the enrollment period for which the grant was awarded.  The school will notify the student whether any funds may need to returned.  Students should meet with their financial aid counselor in person if they plan to withdraw from school.

Work Study
A need based program that provides students with part-time employment in various on-campus departments and off-campus agencies.  Work Study earnings are paid directly to the students and are to be used for educational costs and related expenses. 

Student Loans
Student loans, unlike grants and work-study, are borrowed money that must be repaid, with interest.