Financial Aid
- More than one type of financial aid*need based financial aid ~ for students do not have sufficient financial resources *non-need based or merit-based aid is awarded for special skills and talents or exceeding academic (these are very competitive)
- Grants - grants are like a gift and do not need to be repaid and come in many forms from government and private grantors
- Scholarships - also gift like and do have to be earned and/or repaid
- Loans are financial assistance and do not need repaid, sometimes paying is deferred until student is finished with schooling
- Work aid - some schools have job openings that can be applied directly to tuition costs (not all schools offer this)
- Private organizations - private organizations often offer small grants and loans in an effort to better the future of their community
- Campus programs, will vary greatly all schools offer different opportunities to help their students
- State aid varies from state to state in the US, ask your financial aid counselor
- Federal aid
- Pell Grants
- Federal Work Study
- Perkins Loans
- Stafford Loans
- PLUS Loans
posted by Jane
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