Types of Financial Aid
For a list of all financial aid programs and amount offered, view the Student Aid Program Summary.
Los Rios Promise Program
The Los Rios Promise Program covers the cost of tuition for eligible students, up to 15 units.
Rancho Cordova Promise Program
The Rancho Cordova Promise offers Rancho Cordova residents the opportunity to attend their first two years at Folsom Lake College fee-free.
Grants, including the California College Promise Grant which covers enrollment fees, are a great type of financial aid because you don’t typically have to pay them back.
Federal Direct Loans
A direct loan is money you borrow from the federal government that you have to pay back with interest. We encourage students to apply for grants and scholarships before taking out a student loan.
The federal work-study (FWS) program provides jobs to undergraduate students who are paid an hourly rate at minimum wage or above. Jobs are provided on and off campus, with hourly wages paid directly to the student to help with educational expenses.
There are scholarship opportunities for all students and the funds do not have to be repaid!