Types of Financial Aid

When it comes to paying for college there are a variety of options, from loans to grants to work study. Learn more about some of your financial aid options. 

Private Loans

These loans are provided by private lenders to supplement the Student and Parent Education Loan programs available from federal government.

Federal Loans

Loans available to students enrolled on an at least half-time basis (8 credit units). They are need-based loans that carry a current origination fee of one-half percent.

Federal Work Study

A program providing part-time employment to college students who must work to pay for their studies.


A grant is an award that does not need to be repaid as long as the student remains eligible. There are two types of Federal grants – Pell grants and FSEOG grants.

Payment Plans

Columbia College Hollywood also offers loans of up to $9,000 per academic year.