Financial Aid Basics
Types of Financial Aid
The amounts and types of financial aid you receive are determined through federal, state and institutional guidelines. Most federal financial aid is based on financial need.
Grants are awarded through federal, state and institutional sources and are based on financial need. Grants are regarded as "gift" aid and do not need to be repaid.
Scholarships are provided through the SCF Foundation, corporations and private donors. Scholarships are regarded as "gift" aid and do not need to be repaid.
Student employment is offered through the college. Student employees are paid an hourly rate for work performed.
Loans are offered at low interest rates and can be repaid over an extended period of time.
Financial aid services will verify your eligibility based on the information you provide on your Free Application for Federal Student Aid (FAFSA), the first step in applying for any financial aid.