Financial aid for credit students may be categorized into three types:
Gift aid includes
scholarships that you are not required to repay, except as mandated (see
grant repayment requirements).
Work-Study is an award that must be earned through employment.
Direct Loans are low-interest loans to help pay for the cost of your education. A loan is money that you borrow and must repay with interest.
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.