money that is given that does not need to be repaid
What is a Grant
determined by the family's income, assets, household size, etc.
What is needs-based aid?
Money provided directly from an college or university in the form of scholarship, grant, tuition discount, etc.
What is institutional aid?
money provided by companies, foundations, nonprofits, community groups, or professional associations.
What are Private Scholarships?
estimate for how much a student and their family are expected to contribute towards school based on financial information
What is Expected Family Contribution?
A loan where you are responsible for paying interest, even when you are in school.
What is an Unsubsidized Loan?
What is Work-Study?
A loan where the government pays interest while you are in school
What is a Subsidized Loan?
Pell, College Access Program, KEES, Kentucky Tuition, and Work Ready are types of this category of payment.
What are KY Grants?