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What Is Financial Aid?












Financial aid is any source of funds available to assist students pay for the costs of a college education. If you think you will need assistance, you are encouraged to apply for financial aid. Whatever your family situation, you can be sure that you will be treated fairly and equitably with respect to students in similar financial circumstances as your own.

Most assistance is based on demonstrated financial need; however, some is based solely on merit. Merit programs, including most scholarship programs, help students who have special abilities. Often, you do not have to show financial need to receive money through merit-based programs


There are four main types of financial aid.  Usually, a student is offered a combination of aid (known as a "package") from these four programs:

Federal School Code
002325


For more information, see Looking for Student Aid from the U.S. Department of Education.  Also available in PDF:

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Looking for Student Aid