- Grants are gift aid based on financial need that do not have to be repaid.
- Scholarships are gift aid which do not need to be repaid. They are typically based on academics, talents, or financial need.
- Work Study/Student Help are for Missouri Southern students who need jobs on or off campus. You must qualify to be eligible for work study.
- Loans must be repaid, with interest, once you are no longer a student.
When awarding financial aid to students, the Financial Aid Office generally awards gift aid first, employment second, and loans last.