Types of Financial Aid


A grant is a type of financial assistance offered by the government, educational institutions, or private organizations to support students in paying for their college education. Grants differ from loans in that they do not require repayment, which makes them an appealing choice for students seeking financial aid.

Learn About Grants



A loan is money that you borrow and have to pay back with interest. When you apply for financial aid, loans may be offered as part of the package from your school. If you accept a student loan, you're assuming a debt to fund your college or career school education, and it's important to repay the loan amount plus the added interest. Understanding the repayment options is essential for successfully paying off your loan.

Learn About Loans



Several scholarships are available for qualifying Walters State students. Find out how to apply for the Tennessee Promise, Tennessee Reconnect, Walters State Promise and more on the scholarships information page.

Learn About Scholarships  

Work Study

The Federal Work-Study Program provides jobs for undergraduate and graduate students with financial need, allowing them to earn money to help pay education expenses.

The Work-Study Program



Need help getting started?

We got your back! Financial Aid 101 will tell you everything you need to know.