Types of Financial Aid
There are several types of financial aid that you may be eligible for. Once you have completed your FAFSA Application and the results are recevied by Anoka Technical College, you will be awarded the financial aid according to your eligibility. You are considered for for gift aid, then work-study (if requested on your FAFSA Application or earned last year), and last, loans, from one or more of the following sources.
Grant awards are based on your financial need as calculated by a federally-mandated formula.
University, college, and departmental scholarships, national and local awards; resources for searching and tips for successful application
Federal or state funds that are paid as a wage
Federal, state, and private loans
Information about tax form 1098T, the Hope and Lifelong Learning tax credits, and other education tax benefits considered sources of aid