Define the Types of Financial Aid

Learn about all the financial aid options available to help you pay for college.


The biggest misconceptions about financial aid are that only students who are exceptionally smart or exceptionally poor qualify for financial aid.

Although there is need-based financial aid that may not be available to the wealthiest students, the truth is that there are many forms of financial aid that are not determined by financial need at all. And for those of you that aren't the best scholars, you will be happy to know that most forms of aid only require the student to maintain a passing average — no dean's list required.

You'd even be surprised how many people never apply because they think they won't get anything. Don't be fooled!

Financial aid comes in many forms, and there is a lot of it out there to assist you with financing your higher education.

College can be expensive. And if you need help paying for it you will need to take initiative. Plan to take the first step. Apply for all the financial aid you want and need. Start by completing and submitting the Free Application for Federal Student Aid (FAFSA). You've got a lot to lose if you don't!

To learn more about the different forms of financial aid, click on one of the following links:

For more information

Ask your counselor for financial aid information. Contact the financial aid office of the schools you're interested in attending, or the financial aid office at your college or university, for information on financial aid programs, application procedures and forms, deadlines, and awarding policies. A financial aid counselor can help you if you have problems or unusual circumstances. They can help also you discover financial aid programs to meet your needs and qualifications.