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Types of Financial Aid

Scholarships

Usually based on merit or special talents, these funds do not have to be repaid. Please check with each college to obtain application and deadline information, if applicable.

Grants

Grants are usually need-based funds that do not have to be repaid.

Work

Work study is a job on your college campus. Students receive paychecks for the hours worked as they would in any other job.

Loans

These funds must be repaid, usually after graduation. Specific information about the various loan programs is listed on this site.

Sources of Financial Aid

Financial assistance (based on need) is awarded to undergraduate students as follows:

Grants

(Gift money that does not need to be repaid)

  • Federal Pell Grants
  • State Grants
  • Supplemental Education Opportunity Grants (SEOG)
  • Walsh University Grants and Scholarships
  • PHEAA Grant for PA residents (students receive a partial grant)

Loans

(Money that must be repaid)

  • Federal Direct Loans (subsidized and unsubsidized)
  • Federal Perkins Loans
  • Direct Parent Loan (PLUS)
  • Supplemental Loans

Student Work

  • Federal College Work Study
  • Campus Service