Types of Aid
Types of Aid
There are several financial resources available to you which can be combined to help pay for your education. You should seek out these resources, in order, to make your education more affordable:
A scholarship is financial aid that does not need to be repaid. Scholarships are merit-based, which means they are offered based on merit or achievement in a specific area. You can receive scholarships through PLNU or apply for others online.
A grant is financial aid that does not need to be repaid. Grants are a type of need-based aid, meaning they are given based on financial need as determined by the Free Application for Federal Student Aid (FAFSA). This is a very important tool for you a student.
Federal Work-Study (FWS) is a self-help financial aid program. It is awarded to eligible students, but is only guaranteed if the student obtains on-campus employment. FWS is intended to help pay college living expense costs while providing the student with an opportunity to gain valuable work experience. Students do not need to be eligible for FWS in order to obtain an on-campus job. On-campus jobs are open to all students and all jobs are open to FWS.
In addition to need-based aid listed above, PLNU offers other aid programs such as VA Benefits and ROTC, Yellow Ribbon Program (the GI Bill), Vocational Rehabilitation, Federal Work Study, and outside scholarships.
A loan is financial aid that must be repaid with interest. Loans are a type of need-based aid, meaning they are given based on financial need as determined by the Free Application for Federal Student Aid (FAFSA).
Interested in making interest-free tuition payments throughout the school year? PLNU provides students and parents a Tuition Installment Plan option to help with large semester payments or reduce loan debt.