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Financial Aid

Financial Aid

Q: Do students residing outside of the United States qualify for the loans or financial aid found on this website?

A: At this time, Peterson's aid and scholarships information is for residents of the United States . Please check back with us in the future, as we are constantly expanding our financial aid services and offerings.

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Q: Does Peterson's issue scholarships or financial aid?

A: Peterson's is not an institution that has financial aid or scholarship funds available to grant to applying students. Peterson's does, however, provide a great deal of information about various types of financial aid. Using the resources on our website, petersons.com, you can learn the basics about applying for financial aid, and you can search for particular scholarships, grants, and prizes.

Peterson's College Financial Aid and Best College Deals will help you locate grants and scholarships based on the criteria you define.

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Q: Can you send me financial aid information in the mail?

A: At this time, Peterson's provides comprehensive financial aid information online only, at petersons.com. In addition the range of financial aid guides and books available to purchase through our online bookstore, we also offer many free resources. One of the most helpful is the Scholarship Search available on our website. This is a free service that allows you to search an undergraduate scholarship database containing more than 1.7 million scholarships, grants, and awards worth nearly $7.6 billion. To access this search tool, visit:

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Q: What types of financial aid are available?

A: There are three basic types of financial aid. Loans are the most widely available; you must repay them over time, but the interest rates for student loans are often lower than for commercial loans, and payments are usually deferred until after the student has completed college. Grants and scholarships do not need to be repaid or maintained by a job. Grants are usually based on financial need alone, while scholarships are given to students who have met certain criteria, such as academic or athletic merit, regardless of financial standing. Work-study programs allow students to work an average of 10 to 15 hours per week during the academic year and full-time during the summer to earn money to help pay for school.

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