Understanding Financial Aid
Financial Aid Breakdown
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Understanding financial aid can be overwhelming. Armed with a few
vocabulary words, you will have a better understanding of what aid
is available.
Financial Aid Glossary
At Elmira College we offer three main types of financial aid: gift aid, loans and work-study.
At Elmira College we offer three main types of financial aid: gift aid, loans and work-study.
Gift Aid
Gift aid does not have to be paid back. Gift aid includes academic honor scholarships, leadership scholarships and need-based grants. Sources for gift aid include Elmira College, federal and state governments and private organizations.
Gift aid does not have to be paid back. Gift aid includes academic honor scholarships, leadership scholarships and need-based grants. Sources for gift aid include Elmira College, federal and state governments and private organizations.
Loans
Many people receive loans as part of their financial aid packages. Loans vary in amount and must be repaid, usually with interest. The good news is: payments often do not start until after you graduate. Sources for loans include Elmira College, federal and state governments and private groups. You can learn more about loans by visiting Payment Options & Loans.
Many people receive loans as part of their financial aid packages. Loans vary in amount and must be repaid, usually with interest. The good news is: payments often do not start until after you graduate. Sources for loans include Elmira College, federal and state governments and private groups. You can learn more about loans by visiting Payment Options & Loans.
Work-to-learn & Learn-to-work
Work programs offer students wages to apply toward college expenses plus valuable work experience. Approximately 50 percent of our students work in over 40 different departments on campus.
Work programs offer students wages to apply toward college expenses plus valuable work experience. Approximately 50 percent of our students work in over 40 different departments on campus.
Work Study
Based on financial need, Work Study jobs are funded by Elmira College and the federal government.
Based on financial need, Work Study jobs are funded by Elmira College and the federal government.
Work Aid
Work Aid positions are available to all students, regardless of financial need.
Work Aid positions are available to all students, regardless of financial need.
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