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types of Aid
types of Aid
There are three types of federal student aid:
Grants—financial aid that doesn't have to be repaid (unless, for example, you withdraw from school and owe a refund)
Work-study—a work program through which you earn money to help you pay for school
Loans—borrowed money for college or career school; you must repay your loans, with interest
Grants—financial aid that doesn't have to be repaid (unless, for example, you withdraw from school and owe a refund)
Work-study—a work program through which you earn money to help you pay for school
Loans—borrowed money for college or career school; you must repay your loans, with interest
