Below is an overview of financial aid awarded to students. For more details, click the type of aid in the left column.
Types of Financial Aid | ||||
---|---|---|---|---|
Type | Details | Repayment Required? | Award Criteria | Additional Application? |
Grants | State or federal money that is considered gift aid. | No, unless you fail to complete attempted classes. | Varies, must show greatest financial need. | No, but other forms may be requested. |
Loans | Money you borrow from government or private lenders. | Yes, plus interest. | Must be within loan debt limits. | Yes, an online loan student request. |
Scholarships | Gift aid awarded to students by the ACC Foundation or outside groups. Funding is limited. | No, unless you fail to complete attempted classes. | Varies, may consider GPA, financial need, college major, or other factors. | Yes, a scholarship application. |
Work Study | Part-time work at competitive wages. Funding is limited. | No. | Must show financial need. | No, but other forms may be requested. |
Other assistance | Includes tuition exemptions, military assistance, and emergency funds. | Varies | Varies |