Types of Financial Aid Your financial aid options
Financial aid is any assistance received to help pay for college. There are four main types of financial aid available: scholarships, grants, loans and work-study programs. Financial aid packages generally include a blend of these aid types and are awarded based on merit and/or need.
In addition to financial aid, other options can help students cover college costs. These may include employer reimbursement, graduate assistant ships and even payment plans over time.
Follow the links below to learn more about each option.
Type of Aid/Program |
Description |
| Grants | Financial aid that does not have to repaid |
| Loans | Financial aid that must be repaid with interest |
| Scholarships | Financial aid based on merit, financial need or private/outside scholarships |
| Foster Care Tuition Waiver | Financial aid for Pennsylvania youth in foster care or discharged/adopted from foster care at age 16 |
| Student Employment | Work opportunities including Federal Work Study and apprenticeships |
| Employer Reimbursement | Tuition reimbursement offered by select employers |
| Tuition Discount Programs | Tuition discounts offered by select employers and organizations |
| Assistantships | Assistantships available to graduate students for tuition and a stipend |
| Payment Plans | Interest free payment plans for undergraduate and graduate students |