FINANCIAL AID
Because price is of a paramount importance to many students and to many of their parents, here is a thumbnail sketch of the kinds of student financial aid that may be available:
- Grants do not need to be repaid. Some are awarded based on financial need; others recognize academic ability or performance in areas such as music, or athletics.
- There are many scholarships sponsored by foundations, corporations, or other organizations.
- Loans must be repaid, usually starting after graduation. Many education loans feature low interest rates and generous payback schedules. The federal government sponsors a number of student loan programs, as do some private lenders and colleges themselves.
- Jobs on campus or during summer breaks provide income to offset expenses and can be important sources of experience.
Grants based on financial need; Academic performance awards, which supplement need-based
aid; and Scholarships for special skill or need areas or particular groups of students,
including (but not limited to) nursing, special education, minority teachers, or children
of disabled veterans.
Scholarship Database
Please check carefully the data site that collects personal financial data.
Minority Scholarships
Test Prep Site
