Gift aid: grants and scholarships
Grants are typically need based and come from federal, state, or institutional sources. Scholarships are often merit or criteria based and come from schools, foundations, and community groups.
Earned aid: work-study
Work-study is a part-time job opportunity. The amount listed is the most you can earn, and it is paid through paychecks during the term.
Borrowed aid: student loans
Federal student loans offer fixed rates and repayment options set by law. Private loans come from lenders and vary by credit and terms. Loans are not grants and always need to be repaid.