Types of Aid

A financial aid award consists of gift aid and/or self-help assistance. Scholarships and grants are considered gift aid as they don't need to be repaid. Student loans and campus employment are forms of self-help aid; loans must be repaid with interest.

Happy young woman using laptop computer, having breakfast at home, looking at camera.

The only form that is required to be considered for institutional (Rivier) and/or federal and state aid is the Free Application for Federal Student Aid (FAFSA). If a student only wishes to be considered for merit aid, then no FAFSA needs to be completed.

Merit-based aid is awarded without regard to financial circumstances, but rather is based on academic performance, talents, or other associations. Need-based aid considers your family’s financial need, if you are a dependent, or your own financial need, if you are independent student.

Please note: If a student is receiving tuition reimbursement, tuition remission, or other tuition benefits, their financial aid is subject to change. If a student is receiving 100% reimbursement from an outside source, all Rivier grant and scholarship funding will be rescinded.

 

Types of Financial Aid

Learn about the differences between grants and loans.

Contact

Office of Student Financial Services