Financial Aid Awards
A financial aid award or “package” usually consists of a combination of awards: scholarships, grants, work awards, and loans. These funds are made available through the College, the federal government, the State of California, and other sources.
Grants and scholarships are types of aid that help students pay for their educational costs. Unlike student loans, grants and scholarships do not have to be repaid.
Work awards contribute more than financial assistance to your college education. They offer a dual incentive: money for college and work experience. In an increasingly competitive job market, employers want applicants with both academic and work experience. Campus employment will help prepare you to enter the working world. In addition, the Occidental community benefits from the unique talents and experiences you bring. You will become a member of a team representing the College and making significant contributions to Oxy's operations.
Student loans and parent loans are an invaluable resource for financing a college education. Be sure you understand all of your rights and responsibilities before you accept a loan.
