Types of Financial Aid

​​​​​​​​​​​​​​​​Financial aid for credit students may be categorized into three types:

  • Gift Aid​
    Gift aid includes grants and scholarships that you are not required to repay, except as mandated (see grant repayment requirements).
  • Work-S​tudy
    Work-Study is an award that must be earned through employment.
  • Direct Loans
    Direct Loans are low-interest loans to help pay for the cost of your education. A loan is money that you borrow and m​​ust repay with interest.

Financial Assistance for Continuing Education

Texas Public Education Grants (TPEGs), for tuition only, are available to individuals to take career or occupation-related courses.

You should become completely familiar with the terms and conditions of any financial aid award you accept. If you have questions about a specific award, contact the Financial​ Aid Office.

Types of Federal Student Aid video


For a transcript of the Types of Federal Student Aid video, please visit the video page on YouTube.