Financial aid at SNHU includes three basic types of aid - grants and scholarships, loans, and work.
Pell Grants, F.S.E.O.G., State Grants
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Merit scholarships, Named & Endowed Scholarships and others.
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Federally Subsidized Stafford Loans are fixed low interest loans that are based on financial need.
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The Perkins Loan is a federally-subsidized (no interest while in school), fixed low interest (5%) loan that is offered to full-time undergraduate day students.
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The Parent PLUS Loan is a federal loan that allows parents of undergraduate students to borrow up to the cost of education, less any financial aid.
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Alternative loans are private loans for students to help finance all or part of their cost of attendance at SNHU. Before applying for any of these loans, be sure you have exhausted all other means and have applied for need-based Federal financial aid.
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