University at Albany students may receive financial aid during the summer term. A separate application is required for summer financial aid. Contact the Office of Financial Aid for more information. Visiting students at the University at Albany are not eligible to receive financial aid through the University at Albany. I applied for financial aid.
Loans are a form of student financial aid.
Grant aid is limited, and is typically awarded to students demonstrating relatively high levels of need. Student loans offer the opportunity to borrow money to help pay for college at an interest rate and with repayment terms that would not otherwise be available. No student is required to take out a loan, but in some cases loans are the only form of student financial aid for which a student is eligible.