What is Financial Aid | North Dakota State University

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href="/gradschool/admitted_students" data-drupal-link-system-path="node/481">Admitted Students</a> <div class="dropdown__drawer"> </div> </li> <li class="menu-item"> <a href="/gradschool/current_students" data-drupal-link-system-path="node/531">Current Students</a> <div class="dropdown__drawer"> </div> </li> <li class="menu-item"> <a href="/gradschool/faculty_and_staff" data-drupal-link-system-path="node/561">Faculty and Staff</a> <div class="dropdown__drawer"> </div> </li> <li class="menu-item"> <a href="/gradschool/about" data-drupal-link-system-path="node/421">About the Graduate School</a> <div class="dropdown__drawer"> </div> </li> </ul> <div class="field field--name-field-image field--type-entity-reference field--label-hidden field--item"> <img loading="lazy" src="/sites/default/files/2020-02/ndsu-graduate-school-menu.jpg" width="600" height="380" alt="graduate school" /> </div> </div> </li> <li class="menu-item expanded dropdown"> <a href="/campuslife" class="dropdown-toggle" data-toggle="dropdown">Campus Life</a> <button role="menuitem" class="nav-sublist-trigger" aria-controls="subnav-drawer-5" id="menubutton-5" aria-haspopup="true" href="#">  <svg version="1.1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" x="0px" y="0px" viewBox="0 0 60 40" style="enable-background:new 0 0 60 40;" xml:space="preserve"> <title>Arrow</title> <g> <path d="M30,40c-1.5,0-2.9-0.7-3.8-1.8l-25-30c-1.8-2.1-1.5-5.3,0.6-7c2.1-1.8,5.3-1.5,7,0.6L30,26.2L51.2,1.8 c1.8-2.1,4.9-2.4,7-0.6c2.1,1.8,2.4,4.9,0.6,7l-25,30C32.9,39.3,31.5,40,30,40z"></path> </g> </svg> </button> <div class="dropdown__drawer"> <ul class="dropdown-items"> <li class="menu-item"> <a href="https://www.ndsu.edu/studentactivities/campus_attractions/">Campus Attractions</a> <div class="dropdown__drawer"> </div> </li> <li class="menu-item"> <a href="https://myndsu.ndsu.edu">Co-curricular Activities</a> <div class="dropdown__drawer"> </div> </li> <li class="menu-item"> <a href="https://www.ndsu.edu/dining">Dining Service</a> <div class="dropdown__drawer"> </div> </li> <li class="menu-item"> <a href="https://myndsu.ndsu.edu/events">Event Calendar</a> <div class="dropdown__drawer"> </div> </li> <li class="menu-item"> <a href="https://www.ndsu.edu/performingarts/">Performing Arts</a> <div class="dropdown__drawer"> </div> </li> <li class="menu-item"> <a href="https://www.ndsu.edu/residence_life/">Residence Life</a> <div class="dropdown__drawer"> </div> </li> <li class="menu-item"> <a href="https://gobison.com/sports/2020/6/26/student-tickets.aspx">Student Athletic Tickets</a> <div class="dropdown__drawer"> </div> </li> <li class="menu-item"> <a href="https://www.ndsu.edu/wellness/">Wallman Wellness Center</a> <div class="dropdown__drawer"> </div> </li> </ul> <div class="field field--name-field-image field--type-entity-reference field--label-hidden field--item"> <img loading="lazy" src="/sites/default/files/2020-02/ndsu-campus-life-menu.jpg" width="600" height="380" alt="campus life" /> </div> </div> </li> <li class="menu-item"> <a href="https://gobison.com/" target="_blank">Athletics</a> <div class="dropdown__drawer"> </div> </li> </ul> </nav> </div> </div> </div> </div> </header> <main class="main-container container"> <div class="col-sm-12"> <div class="region region-header col-sm-12"> <nav class="breadcrumb"> <ul> <li > <a href="/">Home</a> </li> <li > <a href="/onestop">One Stop</a> </li> <li > <a href="/onestop/finaid">Financial Aid and Scholarships</a> </li> <li > What is Financial Aid </li> </ul> </nav> <h1 class="page-header"><span>What is Financial Aid</span> </h1> </div> </div> <aside class="col-sm-3 sidebar sidebar--first" role="complementary"> <div class="region region-sidebar-first"> <nav role="navigation" aria-labelledby="block-menu" id="block-menu" class="contextual-region rail-menu__nav"> <h2 id="block-parent-item" class="rail-menu__nav-header"> </h2> <ul class="menu--rail menu nav"> <li class="expanded dropdown 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title="One Stop Zoom Room" data-drupal-link-system-path="node/5601">Zoom Room</a> </li> </ul> </li> <li class="expanded dropdown dropdown-menu__link"> <a href="/onestop/dates" title="Navigate to Dates & Deadlines" class="link-item top-link-item"> <span class="link-text">Dates & Deadlines</span> <span class="link-toggle" aria-hidden="true" title="Toggle menu for Dates & Deadlines"></span> </a> <ul class="dropdown-menu"> <li class="dropdown-menu__link"> <a href="/onestop/dates/calendar" title="Current Academic Calendar" data-drupal-link-system-path="node/3771">Current Academic Calendar</a> </li> <li class="dropdown-menu__link"> <a href="/onestop/dates/archive" title="Past Calendar Archive" data-drupal-link-system-path="node/3776">Past Calendar Archive</a> </li> <li class="dropdown-menu__link"> <a href="/onestop/dates/variable" data-drupal-link-system-path="node/3831">Variable Length Sessions</a> </li> <li class="dropdown-menu__link"> <a href="/onestop/dates/finals" title="Final Exam 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This financial assistance covers educational expenses including tuition and fees, room and board, books and supplies, and transportation. There are several types of financial aid, including grants and scholarships, work study and loans. Financial aid awards may include a combination of the various types of aid.<br><br>The Financial Aid and Scholarship Office and NDSU One stop has professional staff members to administer the aid programs and advise students and their families regarding the financial aid and scholarship opportunities available to them.</p> </div> <div class="paragraph paragraph--type--bp-accordion paragraph--view-mode--default paragraph--id--11416"> <div class="paragraph__column"> <div class="accordion-section" role="tablist" aria-multiselectable="true"> <div class="paragraph__column"> <div class="call-response__segment"> <div class="call-response__call js-call-response__trigger"> <h4> <div class="field field--name-bp-accordion-section-title field--type-string field--label-hidden field--item">The four basic sources of financial aid are:</div> </h4> </div> <div class="call-response__response js-call-response__target"> <div class="paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--11396"> <div class="paragraph__column"> <div class="field field--name-bp-text field--type-text-long field--label-hidden field--item"><ul> <li><strong>Federal Financial Aid</strong> - the largest source of financial aid that offers several different aid programs</li> <li><strong>State</strong> – North Dakota has various different aid programs based on financial need, academic merit, talents, or career choices</li> <li><strong>Institutional</strong> - colleges and universities offer numerous scholarships and grants to students</li> <li><strong>Private Sources</strong> - come from many different civic organizations, associations, clubs, foundations, churches, businesses, banks and credit unions</li> </ul> </div> </div> </div> </div> </div> </div> </div> <div class="accordion-section" role="tablist" aria-multiselectable="true"> <div class="paragraph__column"> <div class="call-response__segment"> <div class="call-response__call js-call-response__trigger"> <h4> <div class="field field--name-bp-accordion-section-title field--type-string field--label-hidden field--item">The four types of financial aid are:</div> </h4> </div> <div class="call-response__response js-call-response__target"> <div class="paragraph paragraph--type--bp-simple paragraph--view-mode--default paragraph--id--11406"> <div class="paragraph__column"> <div class="field field--name-bp-text field--type-text-long field--label-hidden field--item"><ul> <li><strong>Grants</strong> - awarded to students that show they have financial need, grants typically do not require repayment</li> <li><strong>Loans</strong> - a source of aid that must be repaid, usually with interest, after you graduate or stop going to school</li> <li><strong>Employment</strong> - a program where students may work and earn money to help pay for school</li> <li><strong>Scholarships </strong>- awarded to students based on special talents, skills or high academic achievement</li> </ul> <p class="highlight-block"><strong>Note:</strong> Some loan, employment and scholarship programs have financial need as a requirement.</p> </div> </div> </div> </div> </div> </div> </div> </div> </div> <div class="paragraph paragraph--type--wysiwyg paragraph--view-mode--default paragraph--id--11421 component"> <div class="paragraph__column component__wrapper"> <div class="field field--name-bp-text field--type-text-long field--label-hidden field--item"><p class="text-align-center"><a class="btn btn-default" href="https://studentaid.gov/understand-aid/types">More Information on Types of Aid</a></p> </div> </div> </div> </div> </article> </section> </div> </section> </main> <footer class="directory-index col-sm-12"> <div class="directory-index__wrapper container"> <div class="region region-index-region"> <nav aria-labelledby="block-indexmenu-menu" id="block-indexmenu"> <div class="visually-hidden" id="block-indexmenu-menu">Index Menu</div> <ul class="menu menu--index-region nav"> <li> <a href="https://www.ndsu.edu/alphaindex/" class="btn btn-warning btn-sm">NDSU Index</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/A">A</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/B">B</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/C">C</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/D">D</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/E">E</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/F">F</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/G">G</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/H">H</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/I">I</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/J">J</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/K">K</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/L">L</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/M">M</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/N">N</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/O">O</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/P">P</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/Q">Q</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/R">R</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/S">S</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/T">T</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/U">U</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/V">V</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/W">W</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/X">X</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/Y">Y</a> </li> <li> <a href="https://www.ndsu.edu/alphaindex/Z">Z</a> </li> </ul> </nav> </div> </div> </footer> <footer class="footer footer__main col-sm-12"> <div class="footer__wrap container"> <div class="region region-footer"> <section id="block-footerlogo" class="block block-block-content block-block-contentd7ab2b73-c6cb-4f26-a9e8-7c883ca8ea94 clearfix"> <div class="field field--name-body field--type-text-with-summary field--label-hidden field--item"><p><img class="footer__logo" src="/sites/default/files/NDSU-logo.svg" alt="North Dakota State University" width="115" height="32" aria-hidden="true" loading="lazy"></p> <div class="footer--address"> <p>Mailing address: PO Box 6050, Fargo, ND 58108-6050</p> <p>1340 Administration Ave, Fargo, ND 58102</p> <hr> <p>North Dakota State University is distinctive as a student-focused, land-grant, research university. 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