Financial Aid

Financial aid has been a part of higher education for more than 300 years. The first scholarship was offered to a student by Harvard University in the 17th century. However, most people associate the beginning of financial aid with the passage of the Higher Education Act of 1965. The purpose of this act was "to strengthen the educational resources of our colleges and universities and to provide financial assistance for students in postsecondary and higher education." This act contained the framework for all of the federal grant, loan and work-study programs.

To learn more about the financial aid process, download this Advisor Training Module – Chapter 7.

  • Financial Literacy – This page provides a brief introduction to the importance of financial literacy
  • Types of Aid – Reviews and defines the types of aid available for students
  • Post FAFSA and Award Notification – Outlines expectations after the FAFSA process, and how to read and understand award notifications
  • Scholarships – Provides scholarship search resources and explanation of Last Dollar Scholarships