Introduction to Financial Aid Financial Aid is the amount of money needed beyond personal resources to finance your college education. Financial aid awards include grants, scholarships, and loans. Loans are sums of money the student must repay. The reason that some loans count as financial aid is that they contain favorable repayment terms and are offered at low interest rates. Financial need is determined as the difference between a family's resources and the total cost of attending college.
Many families prefer to pay their college payments in smaller, more manageable installments.
This plan allows families to break down their cost into monthly payments interest free. Check the report carefully for errors. Any errors that are found should be corrected and returned to the federal processor. If we request any additional information, please respond promptly. Financial aid awards will be made to students who have been accepted for admission and will be made on a rolling basis.