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Financial Aid Terminology

This page is designed to explain some of the award letter terminology you might across as your explore your financial aid needs.

Grants

(Money that does not have to be repaid.)

  • Federal Pell Grant
  • Federal Supplemental Educational Opportunity Grant (FSEOG)
  • ACG
  • National SMART Grant
  • Institutional grants
  • State-sponsored grants

Work-Study

(Money earned by working.)

  • On-campus (work for the school)
  • Off-campus (private nonprofit organization or a public agency)

Scholarships

(Money that does not have to be repaid.)

Any scholarships you informed the school about, as well as those the school has to offer, will be included on your award letter.

Loans

(Money borrowed that must be repaid.)

  • Federal Stafford Loan (subsidized)
  • Federal Stafford Loan (unsubsidized)
  •  Federal Parent PLUS Loan
  • Federal Graduate PLUS Loan
  • Federal Perkins Loan
  • State loan programs
  • Private loan programs
  • Other loan programs

 

Some advice

It’s usually in your best interest to accept subsidized Stafford and Perkins loans that are part of the aid package; the repayment terms are good and the government pays the interest while you’re in school. Unsubsidized loans—such as unsubsidized Stafford, PLUS loans, and private loans from a bank—should be studied more carefully to make sure the terms are acceptable. 

District Announcement

Board of Education Considers Policy Changes

The Board of Education on first reading Monday, November 11, considered various board policy revisions, which may be viewed here. The Board will consider final approval at its next meeting, Monday, December 9. The Board will consider comments from the public. Please send comments to [email protected].

The Board of Education on first reading Monday, November 11, considered various board policy revisions. The Board will consider final approval at its next meeting, Monday, December 9. The Board will consider comments from the public. Please send comments to board@unionps.org.

Native American Heritage Month

Native American Heritage Month is a time to celebrate rich and diverse cultures, traditions, and histories and to acknowledge the important contributions of Native people. Heritage Month is also an opportune time to educate the general public about tribes, to raise a general awareness about the unique challenges Native people have faced both historically and in the present, and the ways in which tribal citizens have worked to conquer these challenges.

Native American Heritage Month

District Calendar

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Contact Information

Union Public Schools
8506 E. 61st Street
Tulsa, Oklahoma 74133
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Phone: 918-357-4321

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