Complete the FAFSA as soon after October 1 when you have accurate tax information.Estimate your eligibility for need-based aid using one of the calculators on the various.To see if they require any forms in addition to the FAFSA. Visit college websites to obtain information about need-based programs.The Free Application for Federal Student Aid (FAFSA) is available online. Continue to explore need-based aid and other options.Īpplying for need-based aid is somewhat more structured than the merit-based process.Ī common application used by all colleges to determine your eligibility, known as Make sure you meet the requirements and follow the application procedures correctly.Check out the application procedures and pay close attention to the scholarship application.Review your state scholarship requirements to determine if you qualify, and if so,.Enter your information as requested for the searches. Visit the Scholarship Search websites (several are listed at Resources).Use colleges' printed materials and websites to determine scholarships they offer.Need-based awards, including grants, student loans and employment are determined using your family'sįinancial situation, including income, assets, and number of family members.Ĭompetition is keen in the world of merit-based aid. SomeĪre academic, while others are awarded on talent. Merit-based awards, usually in the form of scholarships, may be determined in a variety of ways. You hear the term 'financial aid.' Financial aid includes merit-based aid and need-based First, you need to understand what is included when requires repayment or service in return (typically loans and employment)Īs you begin your search for the right college, you should also begin your searchįor all available financial aid. consists of typically grants and scholarships carries no repayment or service requirement WhetherĪid is need-based or merit-based, there are two distinctive types: About 60% of the $57 million administered by the University is based onįinancial need, with the remainder based on achievement, skills, and abilities. Winthrop University administers both need-based student financial aid and merit-basedĪssistance. Please refer to the FAQs or contact the Office of Financial Aid if you need more information. The types of aid available, as well as steps to take to make the most of aid opportunities. Ways to finance their Winthrop University education. The Office of Financial Aid is committed to assisting each student find appropriate Types of Financial Aid General Information
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