Aurora University

Types of Aid

Paying for college can seem overwhelming, but there are many financial aid opportunities to help you pay for your education. Financial aid can close the gap between the resources you have available to pay for college and the actual cost of the institution. There are several types of financial aid for college students: scholarships, grants, loans, and student employment.

From need-based aid to scholarships, our financial aid advisors will work with you to create an individualized plan to help make a college degree affordable and attainable.

First-Year Scholarships: AU first-year scholarships are funds awarded based on merit to freshman students once they are accepted to the university. Scholarships are funds that do not need to be repaid.

Transfer Scholarships: AU transfer scholarships are funds awarded based on merit to transfer students once they are accepted to the university. Scholarships are funds that do not need to be repaid.

AU Second Degree Promise Scholarship: Students seeking a second bachelor's degree are eligible for the Second Degree Promise Scholarship and the scholarship funds do not need to be repaid.

Grants: Federal, state, and university grants are awarded to undergraduate and graduate students based on financial need computed from the information provided on the FAFSA. Grants are funds that do not need to be repaid.

Loans: Loans are available to undergraduate and graduate students who filed a FAFSA and are enrolled at least half time. Loans are funds borrowed that must be repaid.

Federal Work Study: Federal Work Study is a financial aid program for undergraduate and graduate students based on financial need computed from the information provided on the FAFSA. Federal Work Study are funds you earn by working at an on-campus job.