Financial Aid

www.BatesTech.edu/FinancialAid

The belief of financial aid programs is that the primary responsibility for meeting college costs lies with the student. If a student and their family cannot meet the full cost of education, the Financial Aid Office, through available financial aid programs, may help students and their parents meet the cost of their education.

These funds can come from a variety of sources such as the federal government, the state government, private sources and from the school itself. Financial aid may be awarded in the form of a grant or scholarship (money that does not have to be repaid); a loan (money which must be repaid), or Work-Study employment (students work and earn the award in the form of a paycheck). The type of aid a student is eligible for is determined by the federal or state methodology when a student completes their FAFSA or WASFAA. Students will receive their Student Aid Index (SAI) and be assigned a budget and the “need” for educational expenses. All students have the right to accept or decline the financial aid awards. However, if a student chooses to decline an award, it does not guarantee the award will be replaced with other sources of funding.