One of the very best things about The University of Akron is that it offers an education that is both first-rate and affordable. At UA, we feel strongly that no student should ever have to give up the dream of college because of financial concerns. That's why we offer gift aid programs, loans, scholarships and payment plans for people from all walks of life. You can make it happen, and we can help.

Let's look at the options.

Grants are a form of aid based only on financial need and do not have to be repaid. The three primary grants are the Ohio Instructional Grant, Federal Pell Grant and Federal Supplemental Educational Opportunity Grant.

Unlike other types of financial aid, loans must be repaid. Some are awarded based on need and others are not. Need-based loans include the Federal Perkins Loan, Nursing Student Loan and Federal Subsidized Stafford Loan.

UA offers hundreds of scholarships each year. With the largest endowment of any public university in northern Ohio, UA is able to give many talented students the chance to study. Awards range in size from hundreds of dollars to complete, full-ride academic scholarships worth $44,000. It's pretty amazing.

Other forms of financial assistance - such as work-study - may be available, depending on a student's particular circumstances. There are jobs on and off campus. The U.S. government offers the On-Campus Federal College Work Study Program. For more information on work/study awards, contact the Office of Student Financial Aid.

For a small fee and a down payment, students may pay their tuition over the course of a semester in installments. To enroll, a student should fill out the IPP application that is included on the fee invoice received after registration.

NEW
The University of Akron is offering tuition incentive programs for students from states other than Ohio and including U.S. Territories. Students that plan to enroll at UA as first-time new freshmen in the 2006 fall semester are eligible.

Akron Advantage Blue Award - This tuition incentive program offers a sixty percent reduction of the non-resident surcharge (per academic year). Students from one of the 49 states outside of Ohio and all U.S. territories must meet one of the following eligibility criteria.
* 3.00 high school GPA (based on 6th semester transcript)
* 1000 SAT combined score (critical reading and math scores)
* 21 ACT
* Direct admission to a degree-granting college
* Dependent of a UA alumnus/alumna

Akron Advantage Gold Award - This tuition incentive program offers a full reduction of the non-resident surcharge (per academic year). Students from one of the 49 states outside of Ohio and all U.S. territories must meet two of the following eligibility criteria.
* 3.5 high school GPA (based on 6th semester transcript)
* Top 10% of high school class
* ACT composite test score of 27 or SAT combined test score of 1200 (critical reading and math scores)

If you have questions, contact the Office of Student Financial Aid at 1-800-621-3847 or finaid@uakron.edu.

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