financial aid online brochure_2013_14_FINAL_web version - page 2

Ferris State University offers students a unique blend
of academic programs, comprehensive services, and
engaging out-of-class experiences. Your education will
provide dynamic career opportunities and prepare you
for the future in a complex and diverse world.
Financing your education can be stressful. Our Office of
Scholarships and Financial Aid is dedicated to providing
excellent customer service while guiding you through this
process.
This guide is designed to answer frequently asked
questions about financial aid.
Imagine more for your future. We’re here to help!
UNDERSTANDING FINANCIAL AID
What is financial aid?
Financial aid is funding from grants, loans, scholarships
and student employment. Financial aid may come from
federal and state governments, educational institutions,
and from a variety of private and public sources.
Some examples of federal financial aid include:
• Federal Pell Grant
• Federal Supplemental Educational Opportunity Grant
(SEOG)
• Federal Perkins Loan
• Federal Direct Loan (subsidized and unsubsidized
student loans)
• Federal PLUS Loan (for parents of undergraduate
students)
• Federal Work Study
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