Here are some frequently asked questions we hear from students. Specific questions not addressed below can be addressed with the Financial Services staff at your campus.

Financial Aid Questions

  • Do students have to reapply for financial aid every year?
  • Can a student get a loan only?
  • What is verification?
  • What is the award letter?

Questions About Grants

  • How much free money can a student get?
  • What other Grant programs are available and how do I apply for them?

Questions About Loans

  • What happens if a student doesn't repay a loan(s)?
  • What is the difference between a subsidized and unsubsidized loan?
  • Which lender should I use?
  • What is a deferment?
  • What is the interest rate of my loan(s)?
  • What is a grace period?
  • What happens if a parent is denied a PLUS Loan?
  • When does repayment begin for PLUS Loans?
  • How will the PLUS loan be disbursed?