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Types of Aid

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Loans

Loans are money that you or your parents borrow and repay with interest. Education loans are offered at low interest rates and have long repayment terms. Some loans require a demonstration of need, others do not.

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Scholarships

Scholarships are awards that do not have to be paid back and are based on student performance and talent. Some scholarships consider financial need when determining eligibility.

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Grants

Grants are financial awards that are based on demonstration of financial need and do not have to be paid back.

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Work-Study

Work-study is a financial aid program that allows eligible students to earn money toward their educational expenses by working a part-time job at one of the NOVA campuses. The work-study program is administered by Campus Work-Study Coordinators and the College Financial Aid Office.

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