• What is Financial Aid?

     
    Financial aid consists of funds provided to students and their families to help pay for post-secondary education. Financial aid helps to bridge the gap between Cost of Attendance (COA) and the Expected Family Contribution (EFC)

     Cost of Attendance – Expected Family Contribution = Financial Aid

     
    Where Does Financial Aid Come From? 
     
    Federal Government, State Government, Colleges/Universities, and Private Sources
     
     
     

    Types of Financial Aid

    • Work Study - students work on/off campus to earn money to help pay for college
    • Grants - based on individual financial need and does not have to be paid back
    • Loans - borrowed money that has to be paid back with interest
    • Scholarships - form of gift aid that does not have to be paid back