Types of Aid - IntroductionFinancial aid is awarded in four categories - grants, scholarships, loans, and work-study - and comes from several sources - federal and state governments, private donors and Northwest University. By utilizing a combination of several types of aid originating from various sources, the Financial Aid Services Office is enabled to award students with a "package" of aid. This package can include gift aid (grants and scholarships) and self-help aid (loans and work-study). Funds are assigned based on a variety of factors: state residency, enrollment status, academic talent, class level, and need. Northwest University has grant and scholarship programs. Many students receive gift aid; it is possible that you, too, may be eligible for some form of gift aid. To qualify for a scholarship or grant through Northwest University you must demonstrate one of the following: financial need, a particular talent, or academic ability. To find out about specific kinds of aid, select the "Types of Aid" link on the left-hand side of this page, then click on any of the choices that appear beneath the link. |