SFA awards aid to students according to financial need-the difference between current educational costs and what individual students can pay toward these costs. Financial aid is money provided to students and their families as either gift aid or self-help to help pay college costs.
Gift aid is free money such as scholarships and grants.
Students do not have to repay these awards. Scholarships are awarded based on academic performance and financial need. SFA awards a limited number of scholarships to academically outstanding undergraduates with documented need. Most academic scholarships are awarded through the Office of Admissions. Individual colleges also offer scholarships.