Financial Aid Awards

Financial aid is money to be used in meeting expenses related to the completion of an educational program.

Types of Awards

• Grants
  Gift aid, money which you do not repay; usually requires financial need.
  
• Scholarships
  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.
  
• Veterans
  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.