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Types of Financial Aid: Know Your Options

There are several types of financial aid:


Free money that doesn’t have to be repaid

  • Scholarships
  • Grants

Low-cost money you don't repay until after college

  • Student loans

Money you earn

  • Work Study

While student loans are the most common type of financial aid, it doesn’t take a Ph.D. to see that free money is your best option. Start by investigating scholarship and grant opportunities—as well as work study programs—first.


Quick Links:

» Scholarships
» Grants
» Student Loans
» Work Study

Financial Aid Advisor

» Financial Aid Advisor: The Guided Tour
» First Step: Completing The FAFSA
» The Financial Aid Calendar
» The Financial Aid Process
» Know Your Options

Related Terms

» Financial Aid
» College Financial Aid
» Student Financial Aid


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Last updated Saturday, November 07, 2009