Types of Aid
Grants are a type of gift aid awarded based on financial need. Unlike loans, you do not have repay. The Virginia Tech Office of University Scholarships and Financial Aid will assess your eligibility for any grants if you file your FAFSA on or before the priority deadline of March 1, 2020 (2020-2021 award year) or March 1, 2021 (2021-2022 award year.)
We will notify you of your grant eligiblity with your Financial Aid Award notice.
Virginia Tech offers several types of grants through the federal and state governments as well as other organizations.
Loans must be repaid. A college education is an important investment in your future and loans are available to assist with the cost. By filing a FAFSA, students and parents may be eligible for loans offered through the Federal Direct Loan Program. Students and families may also seek borrowing opportunities through private banks and student lending companies.
Scholarships are another type of gift aid that does not require repayment. Through completion and submission of the FAFSA and the general scholarship application in Scholarship Central, Virginia Tech will consider you automatically for certain institutional scholarships. You may also apply for external scholarships offered in your locality or state-or nation-wide.
By submitting a FAFSA, a student may be eligible for employment on or off campus through the Federal Work Study Program.