Financial Aid

Financial aid is any type of assistance used to pay college costs, including living expenses. There are four main types of financial aid: grants, scholarships, student loans and work-study. Some of them are specifically for foster youth, like the Chafee Grants. Applying for most financial aid is free.

What should I do to get started?

Some other good financial aid resources to help you get started include:

What is the role of the financial aid office on a college campus?

The primary goal is to assist students in paying for college and this is achieved by:

  • Evaluating student’s ability to pay educational costs
  • Putting together a package of financial aid awards to meet the student’s need, which may consist of grants and/or self-help aid such as work-study and loans, depending on the student’s eligibility