Financial ResourcesFinancial Aid , BA 105, Scholarships 801-863-8443
We offer a comprehensive and varied program of financial assistance including grants, loans, work, and scholarships. There are three types of financial aid:
- Gift Aid: These programs are funded by government and private monies. They do not have to be repaid and are awarded upon a wide range of eligibility requirements. They include Scholarships and Grants.
- Work Study Programs: The Work Study Programs are funded by state and federal monies and include an hourly wage, part of which comes from the employer and the other part from the program. These programs do NOT need to be repaid.
- Loans: All Loans have to be repaid. Their interest rates are often below standard loan rates. Some are repayable immediately, while others defer the monthly payments until after graduation. Some student loans can be awarded even if the calculated financial need showed the student to not be eligible for any aid.