Need-Based Financial Aid
Not every student has the same financial circumstances. Fortunately, Pace University participates in financial aid programs designed to support students who demonstrate financial need.
Need-based financial aid may include:
- Federal grants
- State grants
- Institutional aid
- Work-study opportunities
- Federal student loans
To determine eligibility, most students should complete the Free Application for Federal Student Aid (FAFSA) as early as possible.
Submitting the FAFSA early can improve access to available funding because some financial aid programs have limited resources.
Federal Grants
Federal grants provide financial assistance that typically does not require repayment, provided students meet all eligibility requirements.
These grants are usually awarded based on financial need.
Depending on eligibility, students may qualify for grants that help cover:
- Tuition
- Books
- Housing
- Educational supplies
- Other approved educational expenses
Because grant funding can be limited, completing financial aid applications early is highly recommended.
State Financial Aid
In addition to federal assistance, some students may qualify for state-sponsored financial aid programs.
Eligibility often depends on:
- State residency
- Financial need
- Academic status
- Enrollment level
Since requirements vary by state, applicants should research the financial aid programs available where they live.
Institutional Financial Aid
Besides scholarships and government assistance, Pace University may offer institutional financial aid to eligible students.
Institutional aid may be awarded based on:
- Academic achievement
- Financial need
- Special talents
- Program enrollment
- University funding availability
Institutional awards may be combined with other financial aid programs, depending on eligibility.
