The high cost of post-secondary education may seem prohibitive to many prospective students due to financial difficulties. However, no eligible student should be denied an opportunity to pursue a program of post-secondary education because of financial reasons. Financial assistance is available in the form of grants, scholarships, loans, and work-study. Although most financial assistance is awarded on the basis of need, some financial assistance is based on factors such as achievement in academics, sports, music or other accomplishments.
Financial assistance is help, usually in the form of money, in meeting college expenses.
It may be used to pay for tuition and fees, room and board, books and supplies, transportation and personal expenses. A grant is an award, which does not have to be repaid in any way. Some of the loan programs allow the student up to ten years to repay this debt. The student may apply prior to application for admission. In addition, many civic, industrial and fraternal organizations offer scholarships for which application is made directly to the organization.