Types of Aid at UVU
The purpose of financial aid is to help eligible
students bridge the gap between what the student and their families can be
expected to pay and what it will cost to attend college.
We offer a comprehensive and varied program of financial aid. Detailed information is provided by the
government publication
Funding Education Beyond High School; The Guide to Federal
Student Aid (PDF).
There are three types of financial aid:
- Gift Aid
- These programs are funded by government and private monies. They do not have to be repaid and are awarded upon a wide range of eligibility requirements. They include Scholarships and Grants.
- Work Study Programs
- The Work Study Programs are funded by state and federal monies and include an hourly wage, part of which comes from the employer and the other part from the program. These programs do NOT need to be repaid, and are a valuable work experience that can be referenced on a future resume.
- Loans
- All Loans have to be repaid. Their interest rates are often below standard loan rates. Some are repayable immediately, while others defer the monthly payments until after graduation. Some student loans can be awarded even if the calculated financial need showed the student to not be eligible for any aid.
WARNING: If you receive aid and withdraw from
some or all of your classes, you will likely owe money back! Always see a Financial Aid
Counselor before dropping classes.
UVU provides financial assistance to all eligible students regardless of race, color, national origin, sex, age, or disability. If you need language assistance or accommodation, please inform us when you first contact our office.