Types of Financial Aid
Your FAFSA application will help you apply for various types of Financial Aid.
Every student who meets certain eligibility requirements can get some type of federal student aid, regardless of age or income.
Those who are eligible meet the following basic requirements:
Demonstrate financial need.
Are you a U.S. citizen or an eligible non-citizen?
Have a valid social security number.
Register with Selective Service if you are a male between 18 and 25 years of age.
Maintain satisfactory academic progress in college or career school.
Have an H.S. diploma, GED, or have completed a homeschooling program approved by your state.
There are 2 categories of Federal Student Aid: Grants and Loans
Grants are money that does not have to be repaid. There are several types of grants available through the U.S. Department of Education and other sources.
Grant: Undergraduates with financial needs can receive a Federal Pell Grant for up to 12 semesters (or a total of 6 years).
Loans are borrowed money for college or career school that must be repaid. There are several types of loans available through the U.S. Department of Education:
Direct Subsidized Loans: For undergraduates who have financial needs. The U.S. Department of Education pays the interest while the borrower is in school and during grace and deferment periods.
Direct Unsubsidized Loans: For all undergraduate students. The borrower is responsible for all interests.
Direct PLUS Loans: For parents of dependent undergraduate students. The borrower is responsible for all interests.
Asher Institute of Hampton is proudly excited to offer Scholarships when they are available. When you have a moment take a look at our scholarship links for any current scholarships offered.
If you are in need of more funding for school schedule an appointment with Asher Institute of Hampton Student Support Services:
Public Website You May Apply For Financial Aid