Types of aid Transfer Students Transfer Students students, step number 1 About Aid (currently selected) Transfer Students students, step number 2 Apply for Aid Transfer Students students, step number 3 Accept Aid Transfer Students students, step number 4 Manage Aid
Transfer Students About Aid Types of aid Print Email File the FAFSA New 2024-25 FAFSA ScholarshipUniverse Types of aid Scholarships Grants Loans Private loans Federal Work-Study Cost of attendance Glossary of financial aid terms Resources Your financial aid package may include one or more of the following types of aid. Scholarships A scholarship is financial aid that does not have to be paid back. Scholarships have differing eligibility criteria and deadlines. Grants A grant is financial aid that does not have to be paid back. Grants can come from federal, state or university funds. Loans Loans are financial aid that can be accepted and must be paid back within a specified period of time after a student graduates, leaves college or falls below half-time enrollment. Private loans Private loans are designed to assist students and their families meet the cost of attendance not met by other types of financial aid or personal resources. Federal Work-Study ​Federal Work-Study is a need-based aid that must be accepted and allows students to earn money while in school.
Scholarships A scholarship is financial aid that does not have to be paid back. Scholarships have differing eligibility criteria and deadlines.
Grants A grant is financial aid that does not have to be paid back. Grants can come from federal, state or university funds.
Loans Loans are financial aid that can be accepted and must be paid back within a specified period of time after a student graduates, leaves college or falls below half-time enrollment.
Private loans Private loans are designed to assist students and their families meet the cost of attendance not met by other types of financial aid or personal resources.
Federal Work-Study ​Federal Work-Study is a need-based aid that must be accepted and allows students to earn money while in school.