Types of Financial Aid
Federal Aid Programs
Eligible students may qualify for a variety of federal aid programs, including:
- Federal Pell Grant: A need-based grant for undergraduate students with exceptional financial need.
- Federal Supplemental Educational Opportunity Grant (FSEOG): Awarded to undergraduate students with significant financial need; funding is limited.
- Federal Work-Study (FWS): Provides part-time employment opportunities for students with financial need.
- Federal Direct Subsidized Loan: Need-based loan; interest is paid by the government while the student is enrolled at least half-time.
- Federal Direct Unsubsidized Loan: Not based on financial need; interest accrues while the student is in school.
- Federal Direct PLUS Loan: Credit-based loan available to graduate students and parents of dependent undergraduate students.
State Aid Programs
Students who are residents of Virginia and Washington, D.C., may be eligible for state-sponsored grants and scholarships. To be considered, students should complete any required state-specific applications by the state’s deadline.
Institutional Aid
The university offers a range of institutional aid, including:
- Merit-Based Scholarships: Awarded based on academic performance, leadership, or other achievements.
- Need-Based Grants: Determined through the FAFSA and other institutional criteria.
- Endowed and Donor-Funded Scholarships: Scholarships made possible through the generosity of alumni and other donors.
Private/External Aid
Students are encouraged to explore scholarships from private organizations, foundations, employers, and community groups. These funds can supplement federal, state, and institutional aid and do not have to be repaid.