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What is the difference between a financial aid


Types of Financial Aid: Loans, Grants, and Work-Study Programs

Financial aid is money to help pay for college or career school. Grants, work-study, loans, and scholarships help make college or career school affordable.

Difference Between Financial Aid and Scholarships | Bold.org

Scholarships are a form of financial assistance that you do not have to repay, so it is free money that you can use to pay your college expenses ...

Financial Aid vs Scholarships - CU Denver

Ensure you understand the difference between grants, work-study, student loans and choose what is right for you.

The Different Types of Financial Aid Explained: Loans, Grants ...

Financial aid can be categorized into four types: scholarships, grants, loans, and work-study programs. Each type of financial aid serves a unique purpose.

What's the Difference Between Federal and State Financial Aid?

In order to find federal grants, loans and work-study programs, a student first needs to complete the Free Application for Student Aid (FAFSA) at https:// ...

What Are the Differences Between Financial Aid and Scholarship?

Financial aid is typically awarded based on financial need and offered by the government, colleges, and universities. Scholarships are more ...

Are Financial Aid and Scholarships the Same Thing? - Fastweb

Financial aid is a different matter. Some of the money is free for students to use to pay for college, while student loans, which are oftentimes lumped in with ...

The Difference Between Pell Grants & Financial Aid

Unlike student loans, Pell Grants are not required to be paid back; they are considered “free money,” and can be used to cover your educational ...

Comparing Financial Aid vs Student Loans - SoFi

The biggest difference between financial aid vs student loans is whether or not you need to pay back the money you are given to help pay for college. Financial ...

What Are the Different Types of Financial Aid? - BigFuture

Loans are borrowed money that needs to be repaid with interest, meaning that you'll pay back more than the amount you borrowed.

Are There Differences Between Scholarships and Financial Aid?

Scholarships are funds that help students pay for college, which means they're a form of financial aid like student loans and grants.

What is Financial Aid for College? - NerdWallet

You have to complete the Free Application for Federal Student Aid, known as the FAFSA, to be eligible for most forms of financial aid. We go ...

Guide to Understanding College Financial Aid - US News

What Are the Different Types of Financial Aid? ... There are two types of aid: need-based and merit-based. Federal need-based aid, for instance, ...

Student Loans vs Financial Aid - FitBUX

The biggest difference between student loans and financial aid is that student loans are required to be paid back with interest.

Student Loans vs. Financial Aid: What to Know | Credit.com

The main difference between student loans and financial aid is whether or not you need to pay back the money you are given.

Understand Financial Aid | Federal Student Aid

Financial aid to pay for college is available from a variety of sources. Student aid includes grants, scholarships, work-study jobs, and loans.

Grants, Scholarships & Loans: What's the Difference?

Loans are the more commonly-used type of financial assistance. The difference between loans and a grant or scholarship is that they're not “free” and need to be ...

Subsidized and Unsubsidized Loans - Federal Student Aid

Differences Between Direct Subsidized Loans and Direct Unsubsidized Loans. In ... Your school determines the amount you can borrow based on your cost of ...

What Are The Differences Between Financial Aid And Scholarships?

First, some forms of financial aid, primarily loans, will need to be paid back, whereas scholarships are awards that never need to be paid back.