Types of Financial Aid
Financial aid plays an important role in making college accessible to students. A lack of financial resources alone should not be a barrier in achieving this goal. It costs money to be a student. Aside from the tuition and fees that a student must pay to the college, a student must buy books and supplies, pay for transportation to and from school, and cover personal expenses such as meals and housing. Many students and their families are unable to come up with the money needed to cover all of these expenses. For this reason, Central Piedmont accepts a variety of payment methods and is an eligible institution participating in both federal and state financial aid programs.
In general, financial aid may be available in the form of:
- scholarships (based on academic merit and do not need to be repaid)
- grants (including work study; based on financial need and do not need to be repaid)
- loans (borrowed money that needs to be paid back with interest)
For detailed information and helpful videos, visit Central Piedmont Financial Aid Answers 24/7.