Best Financial Aid Options At Old Dominion University: Grants, Scholarships, And More – Page 2 – Blogby Sajid

Best Financial Aid Options At Old Dominion University: Grants, Scholarships, And More

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Old Dominion University financial aid
  • Federal Pell Grant: Awarded to students with exceptional financial need.
  • Federal Supplemental Educational Opportunity Grant (SEOG): Awarded to students with exceptional financial need who also demonstrate academic promise.
  • Virginia Tuition Assistance Grant (VTAG): Awarded to Virginia residents with financial need.
  • ODU Presidential Scholarship: Awarded to incoming freshmen with exceptional academic achievements.
  • ODU Foundation Scholarship: Awarded to students who demonstrate financial need and academic excellence.

Table of Contents

Loans: Borrowing for Your Education

Loans are funds that must be repaid after graduation. They can be either federal or private. Federal loans are typically more favorable than private loans, as they offer lower interest rates and more flexible repayment options.

  • Federal Direct Subsidized Loans: Awarded to students with exceptional financial need.
  • Federal Direct Unsubsidized Loans: Awarded to students regardless of financial need.
  • Federal Direct PLUS Loans: Awarded to graduate students and parents of undergraduate students.
  • Private Loans: Offered by banks and other financial institutions.

Work-Study: Earning While You Learn

The Federal Work-Study Program provides part-time jobs to eligible students to help them pay for educational expenses. Jobs are available both on and off campus in various departments and organizations.

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Outside Scholarships: Searching for Additional Funds

In addition to financial aid offered by Old Dominion University, there are numerous outside scholarships available to students. These scholarships can be awarded by private organizations, corporations, and foundations. Researching and applying for outside scholarships can significantly reduce the cost of college.

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