Financial Aid Awards
Financial aid is money to be used in meeting expenses related to
the completion of an educational program.
Types of Awards
Gift aid, money which you do not repay; usually requires financial need.
Gift aid. Based on academic performance, talent, or achievement. Scholarships can be offered by UAlbany or by an outside source.
- Federal Work-Study
Money you can earn through a job during college.
- New York State Awards
Gift aid from New York State aid and scholarship programs available to qualified students who are New York State residents.
Federal and State aid programs for veterans and their dependents.
- Student Loans
Money that students and/or parents borrow for college expenses which must be repaid.
The financial aid award, based on the student's individual need and eligibility, is the combination of scholarships, grants, employment, and/or loans offered to the student.
Eligible students meeting required deadlines are offered the maximum amount of aid available after considering external sources such as the Federal Pell Grant, State Grants and non UAlbany scholarships.