Financial Aid

Education beyond high school should be an attainable goal to every student who desires it and is academically qualified. Financing a college education, for many years, was a major deterrent facing all but the wealthy. This is no longer true. We offer many avenues to fund your education — from scholarships to student aid to student jobs. After all, dreams and aspirations should have no limitations!

The Basics:
The first step to receiving financial aid is for all students is to complete the Free Application for Federal Student Aid (FAFSA at www.fafsa.gov). Possible funding opportunities through FAFSA can include Grants, Work Study, and Loans. See the table below for a quick overview of the aid available and what they mean. Aid options vary for undergraduates and graduates. Be sure to submit your FAFSA early!

Types of aid through FAFSA:
Grants/Scholarship: Money that does not have to be repaid; Grants are usually need-based, Scholarships are usually merit-based. 
Subsidized Loan: Money that must be repaid; Need-based; interest does not accrue while in school; 6 Month grace period after graduation.
Unsubsidized Loan: Money that must be repaid; Interest does accrue while in school and begins immediately once the loan is disbursed.
PLUS Loans: Money that must be repaid; loans made to graduate or professional students and parents of dependent undergraduate students to help pay for education expenses not covered by other financial aid. Eligibility is not based on financial need, but a credit check is required. Borrowers who have an adverse credit history must meet additional requirements to qualify.
Work Study: provides part-time jobs for undergraduate and graduate students with financial need, allowing them to earn money to help pay education expenses. The program encourages community service work and work related to the student’s course of study.

**Graduate and professional students are only eligible for unsubsidized loans and PLUS loans through the federal government**
Information on federal student aid is from https://studentaid.ed.gov/sa/ ,visit the site for more detail on all federal financial aid.
Si usted necesita información sobre ayuda económica, toda la información en esta página (y más) está disponible en español en https://studentaid.ed.gov/sa/es

Other types of aid (not federal):
Fellowship: Like a scholarship, a fellowship is money that does not have to be repaid; Students usually apply to these through their specific departments.
Private Loans: Must be repaid to private lender; These loans often have much higher interest rates than federal loans and require direct application through the lender, you cannot apply for private loans through FAFSA.

Please visit our Financial Planning & Resources page for more information.

Please visit the University of Arizona Office of Scholarships and Financial Aid.