Image for University Financial Aid Policies

University Financial Aid Policies

University financial aid policies outline how students can receive financial support to help cover education costs. They include types of aid like scholarships (gift awards), grants (need-based assistance), loans (borrowed funds that must be repaid), and work-study programs (eligible for part-time jobs). Policies specify eligibility criteria, application procedures, deadlines, and how aid is awarded and disbursed. They also address responsibilities such as maintaining academic progress and reporting changes in financial circumstances. Understanding these policies helps students access available resources, plan finances, and ensure compliance to maximize their aid opportunities.