The Financial Aid Package

Typical financial aid awards are composed of scholarships, grants, loans and employment. Scholarships and grants constitute gifts and are not repaid. Educational loans are repayable over a period of years at low interest rates after students graduate, drop below half-time, or leave University. Students also may have part-time jobs on campus and receive paychecks every two weeks.

Students receiving financial aid are required to make satisfactory academic progress toward a degree to remain eligible for financial assistance. Lack of satisfactory academic progress may result in the loss of financial aid. Written explanations on financial aid policies are mailed with the award notification.