DACC Office of Financial Aid & Scholarships
What is financial aid?
Financial aid is money to help pay for college or career school. Grants, work-study, loans, and scholarships help make college or career school affordable.
Grants
A grant is a form of financial aid that doesn’t have to be repaid. A variety of federal grants are available, including:
- Pell Grants
- Federal Supplemental Educational Opportunity Grants (FSEOG)
- Teacher Education Assistance for College and Higher Education (TEACH) Grants
- Iraq and Afghanistan Service Grants
Work-Study
The Federal Work-Study Program allows a student to earn money to pay for school by working part-time. A student's total work-study award depends on
- when you apply
- your level of financial need
- your school’s funding level
Loans
A loan is money you borrow and must pay back with interest. When you receive a student loan, you are borrowing money to attend a college or career school. You must repay the loan as well as the interest that accrues. It is important to understand your repayment options so you can successfully repay your loan.
Learn about federal aid to help fund your education:
As you prepare for college or career school, explore how financial aid works, learn about the types of aid, and find out if you’re eligible. Students can also estimate what aid they may be eligible for when they check out the Federal Student Aid Estimator.