Explore the different types of Financial Aid:
Grants and Scholarships
- Grants and scholarships can be awarded from a variety of sources including UVM, federal, state and private entities. These funds are considered "gift" assistance and do not have to be repaid. Eligibilty of grants is based primarily on financial need; although academic merit and/or course of study may also be issued.
- Explore UVM Scholarships >>
- Explore Non-UVM Scholarships >>
Federal loans are offered to students to pay for education-related expenses, such as college tuition, room and board, or textbooks. Many of these loans are offered to students at a lower interest rate, such as the Stafford loan. In general, students are not required to pay back these loans until the end of a grace period, which usually begins after they have completed their education. However, interest accrued may have to be repaid earlier.
Alternative loans, also known as private loans, are an option for financing your education. Federal, state, and university policy requires that student borrowers maximize federal loans before the alterative loan request is processed.
- Compare alternative and federal loan options on StudentAid.gov
- Alternative loan information and how to research your options
Federal Work Study
Federal work study provides part-time jobs for undergraduate and graduate students with financial need, allowing them to earn money to help pay education expenses. The program encourages community service work and work related to the student’s course of study.