Types of Financial Aid at Hostos Community College
Grants: Monies that do not have to be repaid and is usually based on financial need.
Work Study: Provides employment opportunities for students with financial need to assist them with paying their educational expense.
Scholarship: Monies that do not have to be repaid; usually awarded on the basis of academic merit— sometimes based on need.
Student Loans: Borrowed monies that must be repaid within a specified period of time after a student graduates or leaves college for any reason.