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Understanding your Financial Aid

Understanding your Financial Aid

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Types of Aid

Types of Aid

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Financial aid for credit students may be categorized into three types:

 

1Gift Aid

Gift aid includes grants and scholarships that you are not required to repay.

 

 

2Work-Study

Work-Study is an award that must be earned through employment.

 

 

 

 

3Direct Loans

Direct Loans are low-interest loans to help pay for the cost of your education. A loan is money that you borrow and must repay with interest.

 

 


 

Posted Date:
12/7/2022 10:06:06 AM

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