Types of Aid: Dollars for College
Kay Peterson, Ph.D., FastWeb
With college costs rising, most students need help paying for higher education. And most will rely on more than one source to cover costs. Learn how to put together the pieces of your financial aid package.
Grants and Scholarships: This is free money that doesn’t have to be repaid.
Grants are awards based on financial need or funds distributed to support a specific project (e.g. research grants).
A Day in the Life of a...
Go to class with Assistant Professor-CT and Director of Student Services Dr. Ruby Martinez.
Spend the day with Holistic and Rehabilitation Nurse, Barbara Klein-Robuck.
Learn what Certified Hospice & Palliative Care Nurse Maria Gatto does at work.
Deliver babies with Certified Nurse Midwife Eunice (Kitty) Ernst.
Share the struggles of an accelerated BSN nursing student with Erin Downing.
• Federally-sponsored grants include the Pell Grant and the Federal Supplemental Educational Opportunity Grant (FSEOG). Both are based solely on financial need.
To apply for federally sponsored grants, fill out a FAFSA (Free Application for Federal Student Aid) as soon after January 1 as possible.
To learn more about federal aid, consult the U.S. Department of Education’s FAFSA Web site: http://www.fafsa.ed.gov/.
• Scholarships are short-term or lump-sum awards that are distributed according to criteria set by the scholarship provider (financial need, academic or civic distinction, hobbies, etc.).
Since criteria vary, be sure to check application requirements before you apply.
Scholarships are often provided by private sources, such as schools, companies and organizations.
Find scholarship opportunities that are right for you by using
In work-study, you earn your financial aid by working either on or off campus. It’s a great way to earn money for college while gaining valuable work experience.
Work-study assistance may be provided by private sources, through the school or as part of the Federal Work-Study program.
Loans: These are funds that must be repaid either by students or their families.