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Graduates Celebrating Together

Need-Based Financial Aid

Financial aid can help make college affordable for students and families. Grants, scholarships, work-study, and federal loans often begin with one application: the FAFSA.

What Is Need-Based Financial Aid?

Need-based financial aid is money awarded based on a student’s financial situation. Colleges and the federal government use information from the FAFSA to determine eligibility for grants, scholarships, work-study, and some student loans.

Need-based aid can help cover:

  • Tuition and fees

  • Housing and meals

  • Books and supplies

  • Transportation

  • Other education expenses

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