Financial aid award packages generally consist of a combination of federal grants and/or loans. Students with the greatest financial need are awarded funding first but there is aid available for students without need. In addition, students may also qualify for work-study, scholarships and tuition waivers. The video to the right explains the types of federal aid that are available. Below are the most common types of aid that are available at Fort Lewis College:
- Grants - Free money awarded by the Federal Government that does not need to be repaid. Please click here to view our grant options.
- Loans - These can be federal or private loans that incur interest charges and must be repaid. Typically, federal loans have a lower interest rate and more flexible repayment options. Click on the following learn more about Undergraduate Loans and Graduate Loans. In addition, there are subsidized and unsubsidized loan options:
- Subsidized loans - Borrowed money on which the government pays the interest while you are going to school. This can save you a considerable amount of money over the life of the loan.
- Unsubsidized loans - Borrowed money which requires you to pay all of the interest starting from the date you start borrowing the money.
- Native American Tuition Waiver - Awarded by the Admissions Office. Qualified Native American students will be admitted to Fort Lewis College tuition free. They are still responsible for purchasing books, paying college fees, room and board expenses, etc. To learn more, please visit the Native American Tuition Waiver page.
- Foundation Scholarships - Financial aid that is awarded by the Fort Lewis College Foundation or individual departments. The application requirements and award amounts vary widely. Please visit our scholarship page to see what funding you may be eligible for.
- Institutional & Merit Scholarships - Annual awards vary for academically qualified students. Merit Scholarships are determined at the time of admission. Once determined, the award amount is frozen and will not be adjusted if new transcripts or test scores are submitted.
- Private Scholarships - These are awarded by third parties that are not associated with Fort Lewis College. Students are responsible for researching and applying for these scholarships.
- Work-Study - Another type of federal aid awarded to eligible students in which students are paid for working on campus. It is the student’s responsibility to find a job on campus and complete and submit all required paperwork by the deadline. Students are paid on a monthly basis throughout the semester. To learn more, check out our student employment page.
For more information please contact our office.