Sources of financial assistance available to students attending Thomas Aquinas ¹û¶³´«Ã½ include Pell Grants, California State Scholarships (Cal Grants), local and national scholarships, Direct Subsidized and Unsubsidized Loans, Canada Student Loans, and Veterans Administration benefits.
Since the ¹û¶³´«Ã½ receives no federal campus-based funds or contracts, some federal aid that is normally available to college students elsewhere is not available to those who attend Thomas Aquinas ¹û¶³´«Ã½. The ¹û¶³´«Ã½ does, however, enable students to access student-based federal student aid (Pell Grants, Direct Student Loans, and Direct Parent PLUS Loans).
The ¹û¶³´«Ã½ also has its own institutional aid program that is funded through contributions made by benefactors of the ¹û¶³´«Ã½. This program provides institutional work-study and need-based grants. Institutional aid is given only for the purpose of assisting with the direct costs of tuition and housing & food.
Each financial aid request is reviewed carefully in an effort to arrive at an accurate determination of need for financial assistance. This process takes into account the family’s income, assets, family size, number of students in college, and other pertinent information. The ¹û¶³´«Ã½ does its best to address each family’s individual circumstances while maintaining equity and fairness.
After the ¹û¶³´«Ã½ determines that a student has financial need, a financial aid package is assembled in this order: (1) outside grants which the student has received or is expected to receive (e.g., Pell Grants, state grants, Veterans Administration benefits), (2) self-help aid in the form of a student loan, (3) self-help aid in the form of work-study awarded by the ¹û¶³´«Ã½, and (4) a tuition grant from the ¹û¶³´«Ã½.
Types of Aid
- Pell Grants
- Cal Grants
- Outside Grants/Scholarships
- Loans
- Institutional Aid (Work-Study and Grants)