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Financial Aid Overview

Financial aid is the money you receive from a variety of sources to cover the cost of your education. The good news is that, regardless of income, most people are eligible for some form of financial aid.

  • Types of financial aid: Find out about the types of financial aid that are available. Some you need to pay back but there is aid that does not require repayment.

  • Am I "dependent" or "independent"?: One of the more important questions about financial aid is whether you're considered a dependent or independent student. Here are the criteria the federal government uses in making this decision.

  • Is a credit card right for me?: One of the first things you'll see when you get to campus will be booths where credit card companies want you to apply for a credit card. Now, credit cards can be useful things, but you need to use them intelligently. Think about these things before using a credit card a lot.

  • The FAFSA and other financial aid applications: You have to apply for more financial aid, and the form most often used is the Free Application for Federal Student Aid, generally just called the FAFSA. It's not only used to apply for federal aid; many state programs require it too.



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