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Types of Financial Aid

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Scholarships

A scholarship is a financial aid award that does not need to be repaid. Scholarships are a form of merit-based aid, meaning they are offered based on merit or achievement in a specific area.

Scholarships available through Concordia »
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Grants

A grant is a financial aid award that does not need to be repaid. Grants are a form of need-based aid, meaning they are distributed based on financial need as determined by the Free Application for Federal Student Aid (FAFSA).

Grants available through Concordia »
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Loans

A loan is money that you must repay with interest under varying terms and conditions. Loans are a form of need-based aid, meaning they are offered based on financial need as determined by the Free Application for Federal Student Aid (FAFSA).

Loans available through Concordia »