financial aid
Help paying tuition
Financial aid is money provided to help pay for education, typically covering tuition, fees, and living expenses.
It includes grants, scholarships, loans, and work-study programs.
In American usage, the term almost always refers to college funding: She couldn't afford tuition without financial aid.
Students apply for financial aid through standardized forms that assess family income and need.
Payment for instruction
- FAFSAFederal aid application form
- Pell GrantFederal undergraduate financial assistance
- work-studyStudent employment for tuition
- aid packageOrganized assistance delivery
bursary · tuition waiver · merit-based · need-based · undergraduate · graduate · cost of attendance · award letter
Contingent on financial status
- low-incomeEarning below average wages
- eligibilityState of meeting criteria
- povertySevere lack of resources
- hardshipSuffering from difficult circumstances
income verification · assets · appeals · unmet need · first-generation
Borrowed funds for tuition
- StaffordEnglish county town
- subsidizedOffset by external funding
- unsubsidizedNot financially supported
- interest rateCost of borrowing money
borrower · lender · repayment · principal · deferment · forbearance · grace period · loan servicer
Federal undergraduate financial assistance
- state grantGovernment-awarded funds
- federal grantMoney from national government
- awardHonor given for merit
- allocationDistribution of shares
Award for academic excellence
- partial scholarshipAward covering some fees
- athletic scholarshipTuition aid for competitors
- RhodesGreek Aegean island
- FulbrightAcademic international exchange program
fellowship · assistantship · stipend · academic award · honors · renewable · competitive · essay contest
Attend university overseas
- international studentLearner enrolled abroad
- visaTravel authorization stamp
- F-1Academic entry authorization
- exchange programMutual sending of participants
Fulbright · currency · UNESCO · bilateral agreement · cross-border · sponsorship
tuition
Payment for instruction
- FAFSAFederal aid application form
- Pell GrantFederal undergraduate financial assistance
- work-studyStudent employment for tuition
aid package · bursary · tuition waiver · merit-based · need-based · undergraduate · graduate · cost of attendance · award letter · enrollment
means-tested
Contingent on financial status
- low-incomeEarning below average wages
- eligibilityState of meeting criteria
- povertySevere lack of resources
hardship · income verification · assets · appeals · unmet need · first-generation
student loan
Borrowed funds for tuition
- StaffordEnglish county town
- subsidizedOffset by external funding
- unsubsidizedNot financially supported
interest rate · borrower · lender · repayment · principal · deferment · forbearance · grace period · loan servicer · consolidation
Pell Grant
Federal undergraduate financial assistance
- state grantGovernment-awarded funds
- federal grantMoney from national government
- awardHonor given for merit
allocation · eligibility · disbursement · renewal · grantee
merit scholarship
Award for academic excellence
- partial scholarshipAward covering some fees
- athletic scholarshipTuition aid for competitors
- RhodesGreek Aegean island
Fulbright · fellowship · assistantship · stipend · academic award · honors · renewable · competitive · essay contest · donor
study abroad
Attend university overseas
- international studentLearner enrolled abroad
- visaTravel authorization stamp
- F-1Academic entry authorization
exchange program · Fulbright · currency · UNESCO · bilateral agreement · cross-border · sponsorship
- college termsuniversity, community college, fall semester, spring semester, liberal arts college
- Aid termsfirst aid, band-aid, hearing aid, foreign aid, humanitarian aid
- Education CharitiesTeach for America, Khan Academy, scholarship funds, educational grants, tutoring programs
- school coststuition fees, student loans, fees, school fees, dorm fees
- student lifetextbooks, student discounts, back-to-school, school supplies, student housing
- student self-supportpart-time jobs, work-study, scholarships, grants, budgeting
financial aidfinancial burden
Costly ongoing obligation
financial obligation · indebtedness · tuition bill · debt · student debt
finance, finances, financial, aiding, financing, financed, unaided, financially, financer