What is financial aid?
Financial aid is money that's used to pay educational costs.
Sources of financial aid include the federal government, state
government, colleges and universities, community groups, including
religious and civic organizations, professional associations and
corporations.
|
Grants
|
Aid that's often based on financial need and doesn't usually
have to be repaid.
|
|
Work-Study
|
Provides students the eligibility to find a part-time job during
the school year as part of their financial aid package. The jobs
are often located on campus.
|
|
Loans
|
Offered at low interest rates, some are based on financial need
and some aren't. All loans must be paid back, along with any
additional interest.
|
|
Scholarships
|
Financial awards given for a variety of reasons, such as good
grades, special talents or career plans. Scholarships don't have to
be repaid.
|
Additional benefits may exist to help you pay for college. These
benefits include:
