Module 2

Financial Aid

Financial aid plays a pivotal role in making higher education accessible to students and families from diverse socioeconomic backgrounds. It serves as a crucial support system, helping alleviate the financial burden associated with tuition, fees and living expenses. In this module, we’ll explore the fundamental concepts of financial aid.

Learning Objectives 

  • Describe the main types of financial aid and their characteristics.
  • Recall important dates on the annual financial aid calendar, including the timelines for applying and receiving awards.
  • Determine eligibility and next steps for College Opportunity Fund.
  • Identify the main functions of the bursar’s office including payment plans and bill due dates.
  • Use key financial aid terms in a sentence including EFC/Student Aid Index (SAI), cost of attendance, FAFSA, CASFA, work- study, grants/scholarships, and loans.