Types of Financial Aid

There are several types of financial aid that you may be eligible for. Once you have completed your Free Application for Federal Student Aid (FAFSA) and the results are received 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 lastly, loans from one or more of the following sources.

Grants 

Grant awards are based on your financial need as calculated by a federally-mandated formula.

Scholarships 

University, college, and departmental scholarships, national and local awards; resources for searching and tips for successful application

Work-study

Federal or state funds that are paid as a wage

Loans 

Federal, state and private loans

Education Tax Benefits 

Information about Tax Form 1098T, the Hope and Lifelong Learning tax credits, and other education tax benefits considered sources of aid