In addition to scholarships, Alma College students often benefit from various types of need-based aid. To be considered for any of the following, students must file the Free Application for Federal Aid (FAFSA) each year.
Grants: Grants are "free money" - you don't have to repay them - based on your level of financial need. Some grants come from the government, while others are awarded by Alma College.
Loans: Loans must be repaid, and student loan repayment typically begins six months after you are no longer a full time student. Parent loans are also available, with interest-only playments made while their children are enrolled full time.
Work-Study: Work-study is a way for students to earn money through on-campus employment. While any student may apply for jobs, being eligible for work-study makes students more attractive to Alma's departments and offices.
Remember: To be considered for any of these need-based aid programs, you must file your FAFSA. There are not separate applications to determine eligibility for these programs. Also, be sure to explore the many scholarship opportunities available at Alma College!