Isabel A, Abelinda R, Anahi M
Types of Financial Aid
1. Grants
To help cover the costs of higher education
typically is provided by the university or
college. Unlike student loans, which students
are required to repay, financial aid grants do
not have to be repaid and are therefore
considered a form of 'free money' for
students. Grants are generally given out on
the basis of financial need or merit, and may
be awarded by government, private or
school-based sources
3. Work-Study Jobs
The work-study is a program that provides
the student with the opportunity to earn
money while also gaining practical
experience in their desired field. Work-study
job programs are often available to students
with financial need, which depend on when
you apply, your level of financial need and
your school's funding level.
Sources
Understanding Financial Aid for College:
A Guide
Types of Federal Student Aid
https://studentaid.gov/understand-aid/types
2.
Offered by nonprofit organizations and
can be considered free money. typically
provided to university or college students
based on academic merit, achievement,
or financial need. it's important to note
that scholarships come in many different
forms and may have different criterias,
eligibility requirements, and award
amounts.
4. Loans
They are generally intended to help students
pay for the cost of higher education, such as
tuition, fees, and living expenses. Student aid
loans are usually provided on the condition
that they be repaid with interest within a
certain time frame after graduation or dropout.
It's important to understand repayment options
to successfully pay it back.
Helpful resources
FAFSA
California Student Aid Commission