Otis College of Art and Design logo
Events

O-Tube

Types of Aid

Grants

A grant is a financial aid award that does not need to be repaid. Grants are a form of need-based aid, meaning they are distributed based on financial need as determined by the Free Application for Federal Student Aid (FAFSA).

Learn more about Grants>>

       
Scholarships

A scholarship is a financial aid award that does not need to be repaid. Scholarships are a form of merit-based aid, meaning they are offered based on merit or artistic achievement.
 

Learn more about Scholarships>>

Student Loans

A loan is a financial aid award that must be repaid with interest. Federal student loans are a form of need-based aid, meaning they are offered based on financial need as determined by the Free Application for Federal Student Aid (FAFSA).

Learn more about Student Loans>>

 
Work Study

An approved campus job from which the money earned is taxable, but is considered financial aid and may be deducted on the following year's FAFSA.

 

Learn more about  Work Study >>