Types of Aid


 

GRANTS
are awarded on the basis of financial need and do not require repayment. Frequently called gift aid, grants are available through federal and state governments and private sources. To apply for aid in any of the federal programs, you must be a citizen of the United States or intend to become a permanent resident, or be otherwise classified as an eligible noncitizen.
HOPE
are available to eligible Georgia residents who graduated from a HOPE-approved high school. Awards are made to graduating high school seniors with at least a 3.0 Grade Point Average (GPA) as determined by Georgia Student Finance Commission (GSFC). HOPE recipients must also maintain a 3.0 cumulative grade point average while in college. Students who are not eligible out of high school can gain eligibility after attempting 30 semester hours as long as they meet all other eligibility requirements. HOPE awards are based on credit hours of enrollment. HOPE Scholarship rates can be found here on the Georgia Student Finance Commission (GSFC) website. HOPE does not cover fees, books or Learning Support coursework.
LOANS
are available through private sources, federal and state government and the institution and must be repaid. Eligibility and terms may vary. Rate of interest, interest benefits, the repayment period and even when repayment begins depend on the particular loan.
SCHOLARSHIPS
may be based on merit, need, talent or a combination of factors, and they do not require repayment. Augusta University offers scholarships related to all of these categories. 85% of scholarships come from students' home communities like civic organizations, religious organizations, trust departments of banks and employers of family members.
FWS
(Federal Work Study) promotes the part-time employment of students who demonstrate financial need in accordance with federal guidelines. Federal Work Study students are employed in many departments on campus as well as agencies and organizations throughout the Augusta area. All interested students must complete the Free Application for Federal Student Aid (FAFSA) and other necessary documentation before eligibility can be determined. For more information on completing the financial aid application process, students should visit the Augusta University Financial Aid Office website's “How to Apply” page.

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