Types of Financial Aid
Financial aid is designed to supplement your and your family's resources so that you will be able to fulfill your dream of a college education. Financial aid can be either need-based or non-need-based. The results of the Free Application for Federal Student Aid (FAFSA), along with the cost of attending your school, will determine whether or not you have financial need. All applicants who apply to Cal U and submit a FAFSA form will be considered for financial aid.
To learn more about the most common types of financial aid, click on the following links:
- Grants are considered "gift aid" because they never have to be repaid.
- Scholarships, another form of "gift aid," can be based on merit, financial need or both.
- Work-Study Program allows you to earn money that is applied to your education expenses.
- Loans are the largest source of financial aid for the majority of students and their families.