Types of Aid

University Scholarship

Scholarship from Stanford is the primary source of funding used to assist students with meeting their educational costs.  Many university scholarship funds originate as gifts from individuals and corporations. All university scholarship funds are need-based.  We determine your individual scholarship eligibility by subtracting your family contribution and other aid funds from the total student budget.

Federal and State Grants

You may qualify for one or more of these federal or state grants as part of your need-based financial aid award:

  • Federal Pell Grant
  • Federal Supplemental Education Opportunity Grant (SEOG)
  • Cal Grant (for California residents only)

We automatically consider your eligibility for federal grant funds when reviewing your financial aid application.

To be considered for the Cal Grant program, you must file the FAFSA and the Cal Grant GPA Verification Form by the state deadline of March 2nd.

Student Employment

One way for you to cover part of the Student Responsibility portion of your financial aid package is to work part-time during the academic year.  There are a wide variety of job opportunities for students, both on- and off-campus. 
Most students are paid directly by their employers.  Others are paid with a combination of federal and university funds through the Federal Work-Study program, which includes a component for Community Service Federal Work-Study. 
To find a job, you can use the Cardinal Careers database maintained by Stanford’s Career Development Center. 

Outside Scholarships

Another way to cover the Student Responsibility portion of your financial aid package is to obtain outside scholarships.  Outside scholarships will reduce your Student Responsibility dollar-for-dollar.  Only if your outside scholarships exceed your Student Responsibility will we reduce your university scholarship.

Loans

We do not expect you to need to borrow student loans to meet your college costs.  However, if you would prefer to borrow rather than work during the academic year, we will assist you in obtaining a student loan. Our loan programs include:

If you request a loan, we will always recommend the best loan program for which you are eligible.  Not all students are eligible to borrow from all loan programs.  Click on the links for the individual loan programs to learn about interest rates, fees, repayment terms and other factors that you should consider.

 

Last update: September 7, 2011 1:23 PM