Get Started with Financial Aid

Understanding Financial Aid

Financial Aid is government assistance to help you pay for your college education. The aid can come in the form of federal and state grants, scholarships, loans, and work-study. If you qualify, your financial aid can help cover your tuition and fees, housing, books, supplies, and transportation.

Options for Aid

There are numerous options for receiving financial aid, including federal and state aid, scholarships and loans. Be sure to fully explore these choices before deciding how best to finance your education.

Federal/State Aid

Financial aid from the federal or state government does not have to be repaid unless you withdraw from school and owe a refund. These types of aid include:

Scholarships

Scholarships are merit-based aid that does not have to be repaid unless you break the terms of the scholarship. Types of scholarships include:

  • Excelsior
  • Departmental or Internal Hunter Scholarships
  • Study Abroad
  • Outside Scholarships

Loans

Taking out a loan means you are borrowing money to pay for college, and you must repay it back with interest. Options for college loans include:

  • DSL
  • DUL
  • Direct PLUS Loan
  • Federal Perkins
  • Alternative Loans

Get Started

To be considered for any kind of Financial Aid, you must complete a Free Application for Federal Student Aid (FAFSA) every academic year.

  • You do not have to be admitted to any college yet to apply for FAFSA.
  • Complete the FAFSA at www.fafsa.gov.
  • Act quickly! The earlier you apply, the better chance you have to receive federal financial aid.