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Financial Aid is meant to support students and their families in paying for college. It is available to most students and comprises 3 different forms: financial aid you don’t repay (grants and scholarships), financial aid you must repay (loans), and financial aid you earn (work study and community or military service). Most students receive a combination of the three forms of financial aid in what is called a financial aid package/award which is put together by each college the student has been accepted to. Check out the MN Office of Higher Education’s financial aid website for more information.
There are two general categories/types of financial aid: merit-based aid which is money given to a student based on their academic merit (typically GPA and/or test score), and need-based aid which is money given to a student based on the financial need of the student and/or their family.
Most students do not pay the cost of attendance (i.e. the “sticker price”) to attend college, but instead pay a net price which takes into account each student’s circumstances as well as the specific college’s financial aid structure. Every college is required to post a Net Price Calculator on their website. This tool can be used by students and families to gauge what they might pay to attend that specific college. Keep in mind, results are only an estimate. Financial aid specifics will be provided after (1) applying to the college, (2) being admitted, (3) submitting the required financial aid application(s), and (4) receiving the official financial aid package/award.”
In order to qualify for and receive financial aid, students must apply. Depending on the requirements of each individual college, students will complete and submit one or more of the following financial aid applications:
Tickets are selling fast for the annual Christian Brothers' Gala on Saturday, October 5th at DeLaSalle — secure yours today! The deadline to purchase tickets is Friday, September 20.