Types of Aid

Financial aid is federal, state, UAA, and private funds that help you meet your cost of attendance, including tuition, fees, housing and meal plans, books, and supplies. There are four main types of financial aid available to help families afford college:

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Grants

Grants are “free” need-based financial aid that you do not have to pay back. Learn more about federal and state opportunities.

Grants

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Scholarships

Scholarships are “free” merit-based and sometimes need-based financial aid that you do not have to pay back. Find out about state and institutional scholarship opportunities.

Scholarships

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Loans

Loans are financial aid that you do have to pay back and accrue interest. Learn more about available federal loan programs and private loans.

Loans

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Federal Work-Study

Earn money through this need-based federal program to pay for school by working part-time on campus.

Federal Work-Study

icon of circle with exclamation markMany grants and scholarships, loans, and work-study programs require you to fill out the FAFSA. To receive and keep your aid, you are responsible to maintain eligibility requirements.