Types of Aid
Salisbury University students use a variety of different types of aid from different sources to help make their college experience affordable. This section of our website gives more information about the common types of aid SU students use.
- Financial aid has a wide range of eligibility criteria depending on the type. Some of the common eligibility criteria includes need-based, merit based, program of study, and more.
- Need-based and federal aid require the completion of an official FAFSA. This includes all federal loans. Applicants must meet all of the federal eligibility requirements to qualify for these types of aid.
- Students who do not meet federal eligibility requirements can still qualify for Maryland state aid if they meet certain requirements to be eligible to complete the Maryland State Financial Aid Application (MSFAA). The MSFAA is available through the MDCAPS portal.
- Need-based aid. Eligibility for need-based aid is determined by financial need which is based on the estimated cost-of-attendance (COA) and a student’s expected family contribution (EFC) from their FAFSA.
- Merit-based aid. Eligibility for merit-based aid is determined by high-school GPA, standardized testing scores, and/or college merit.
- Program-based aid. Eligibility for program-based aid is determined by your program of study, typically along with some type of merit and/or need component.
Types of Aid
- Gift or “free money” aid does not need to be repaid once you are deemed eligible
- Grants and scholarships are the most common type of gift aid. Eligibility for grants are typically determined based on financial need whereas scholarships come from merit (academic, civic, etc.)
- Self-help aid generally requires repayment, work, or a service obligation
- Loans are available and generally must be repaid with interest.
- Federal work-study is when a student secures a part-time position in an office on-campus at SU. Students are paid a bi-weekly paycheck for hours worked. Financial need is required to establish eligibility to participate in the program.
- Aid that requires a service obligation is available to students pursuing certain career paths. The Teaching Fellows for Maryland Scholarship is one such example that is available for Maryland residents pursuing a career as a teacher.