Grants include aid the student receives that need not be repaid; loans must be repaid. Interest rates and repayment terms vary by program. Employment is aid based on an hourly rate for work performed. What types of Financial Aid are available? read more
Public schools are going to offer different financial aid packages than private. Keith Bernhardt: If you save $10,000, you'll lose just $600 in financial aid, they want people to save. read more
Financial Aid is any grant or scholarship, loan, or paid employment offered to help a student meet his/her college expenses. Such aid is usually provided by various sources such as federal and state agencies, colleges, high schools, foundations, and corporations. read more