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Types of Aid
Oakton Community College offers financial assistance to degree-seeking students in the form of grants, scholarships, work-study programs, and loans. Some awards are based on financial need, while others are based on academic merit.
Here’s an overview of Oakton’s aid programs.
- Grants are funds that do not have to be repaid. These awards come from a variety of sources, including the federal and state governments.
- Scholarships, like grants, are gift monies that do not have to be repaid. Most scholarships come from the Oakton Community College Educational Foundation.
- Loans typically are awarded through the federal government and offer below-market interest rates. They are debts and must be repaid.
- Work-study opportunities are on-campus jobs, generally awarded to students with financial need.
- Additional finance options include private bank loans, tax-credit opportunities, and veterans’ benefits.
