What is Financial Aid?

What is Financial Aid?

Financial Aid is assistance in the form of grants, loans, and work. It is provided by federal, state, local or private sources to help meet college expenses.  Most financial aid is based on financial need, enrollment status, satisfactory academic progress and attendance, and availability of funds. It is intended to supplement, not to replace, family and student contributions. Loans must be repaid with interest.

Topic Information
  • Topic #: 16092-238
  • Date Created: 12/10/2012
  • Last Modified Since: 06/27/2013
  • Viewed: 471
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