Types of Aid

What You Are Applying For...

After completing the FAFSA, most students don't realize why they completed the form. The FAFSA is your application for grants, and also loans and work-study if you wish.

The types of aid that ULM processes are grants, loans, alternative loans and federal work-study employment.

Grants

Includes Federal Pell Grants, Federal Supplemental Educational Opportunity Grants (FSEOG), and Louisiana Go Grants. Link to more information about grants.

Loans

Includes Direct (subsidized & unsubsidized), Health Professions, Direct Parent Plus, and Graduate Plus Loans. Link for more information about Loans.

Alternative Loans

Alternative, or private educational loans, are designed to assist students and their families who are either not eligible for federal loans, or who need additional education financing. Link for more information about alternative loans.

Federal Work-Study

The positions are processed by the Office of Financial Aid. For more information, see campus employment.

 

All students receiving Federal Financial Aid are required to meet minimum Standards of Satisfactory Academic Progress (SAP) to maintain eligibility.