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What is financial aid?

Financial aid is money made available through a variety of funding sources to assist students in paying for the cost of higher education. Financial aid funding comes from federal, state, institutional, and private organizations. Aid types include grants, scholarships, work study, student loans, and parent loans. Most of the government sponsored financial aid programs are based on demonstrated financial need. Many institutional and private aid programs such as scholarships are based on academic achievement rather than financial need. Federal Direct Loans are not based on financial need. Student eligibility for most of these types of financial aid at Western is determined through the Free Application for Federal Student Aid (FAFSA) process.

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