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Scholarships & Financial Aid

What's the difference between scholarships and financial aid anyway?

Financial aid is an umbrella term; it refers to any form of assistance you get to pay for college and its associated costs, such as books. Among other things, financial aid includes:

  • grants (which you don't have to pay back),
  • student loans (which you do), and
  • work-study jobs (where the college you attend helps find a job for you that fits within an academic schedule)

Scholarships are one type of financial aid. Both the government and private groups award scholarships, which are usually direct grants (i.e., they don't need to be repaid). Scholarships are frequently competitive and thus awarded to students who meet specific criteria. These criteria depend on the particular scholarship: some may reward academic achievement, others sports, and still others are reserved for students of a certain ethnic group, geographical region, etc.

There are loads of scholarships out there! In fact, searching for a scholarship can be a bit overwhelming. To get you started, we provide you with a list of links below. All are specifically targeted to New York City or New York State students. Check 'em out, especially if you're thinking about going to CUNY!