Types of Aid

Capital Awards Requiring the FAFSA

• Capital Connect Grant – Need-based gift aid from Capital
• Capital Grant-in-Aid – Need-based gift aid from Capital for transfer students

Need-Based Gift Money Requiring the FAFSA

• Federal Pell Grant – Federal grant based on federal EFC available to needy students working toward their first bachelor’s degree
• Ohio College Opportunity Grant – Ohio grant program for students with high need

Education Loans Borrowed by the Student

• Federal Direct Loans – low interest loans borrowed directly from the US Department of Education 
• Federal Nursing Loan – Nursing students with federal need may qualify for this low interest loan
• Alternative Loans – Funds can be borrowed by students from private lending institutions in order to assist in paying the costs of college

Education Loan Borrowed by the Parent

• Federal PLUS Loan – federal funds that can be borrowed by the parent or step-parent of a dependent student 

Other Funds Available to Help Cover the Costs of College

• Student Employment – students may be eligible to earn regular paychecks for working in a department on campus. These funds can then be used to cover the tuition or any other costs associated with going to college.
• Veterans Benefits – if you or a parent is eligible for VA Education Benefits. 
• Other sources of Aid – see here for several other options for funding to help pay for college.