The majority of federal and state financial-aid programs are decentralized to institutions of higher education. While the State Council of Higher Education for Virginia has administrative and financial oversight of state-funded financial aid programs, Virginia's participating institutions:
- Oversee the application process;
- Allocate awards to students; and
- Determine final eligibility for federal, state, and institutional financial aid.
The purpose of SCHEV's website is to provide to students and parents an overview of the different sources of available financial aid. For specific information about federal, state and institutional aid options available to you, contact your college financial-aid office.
Visit these pages for more details on various financial aid programs: federal, state, institutional and private.
Financial aid comes from many different sources, but most require completion of the Free Application for Federal Student Aid (FAFSA).