Many aid options are available for students to fund their college education, from UAB scholarships and external scholarships to federal loans and grants and even work-study. Below are funding possibilities to help you pay for college.
Grants
Grants can come from the federal government, your state government, your college or career school, or a private or nonprofit organization. Most types of grants, unlike loans, are sources of free money that generally do not have to be repaid.
Loans
Student loans can come from the federal government, from private sources such as a bank or financial institution, or from other organizations. A loan is money you borrow and must pay back with interest.
Scholarships
Scholarships are gifts that don't need to be repaid. May be awarded based on various criteria such as merit, need, or talent.
Work-Study
Work-Study provides part-time jobs for undergraduate and graduate students with financial need, allowing them to earn money to help pay education expenses.