Types of Funding
DRAFT page.
Seattle Colleges students can use many different types of funding to help pay for college. Grants, work-study, loans, and scholarships help make college or career school affordable.
Do we want a video here? Key points: Seattle Colleges students have so many different funding options. Financial Aid application is a great place to start. FA gets you access to grants, loans, work study, and unlocks scholarship opportunities. There are also non-FA funding options available, and you can meet with a Funding Navigator to figure out what is right for you.
Grants
A grant is a form of financial aid that doesn’t have to be repaid, as long as you meet eligibility requirements. Grants can come from the federal government, Washington state government, or the Seattle Colleges, and are awarded as part of your financial aid package. submitting a FAFSA or WASFA ensures that you are considered for grants.
Loans
A loan is money you borrow and must pay back with interest. If you submit a FAFSA, you may see loans included in your Offer Letter. It is important to understand your repayment options so you can successfully repay your loan.
Scholarships
Like grants, scholarships are money you don't need to pay back. They may be awarded based on merit or need, and may take into consideration special characteristics. Scholarships are offered by many organizations, like private companies, foundations, and nonprofit organizations.
Work Study
The Work Study program allows you to earn money to pay for school by working part-time. Work Study is awarded as part of your financial aid package. Submitting a FAFSA or WASFA ensures that you will be considered for a Work Study award.
Other Sources of Funding
Beyond financial aid, there are many other sources of funding that can help you on your college journey.