Grants, Loans, or Scholarships
Which type of financial aid is awarded based on merit and never repaid?
Scholarships
What application determines a student's eligibility for federal financial aid?
FAFSA
What program offers part-time campus jobs for eligible students?
Work-Study
What do you call money that must be repaid with interest?
Loans
Which federal grant supports low-income students?
Pell Grant
What college savings plan offers tax advantages for educational expenses?
529 Savings Plan
What type of aid is awarded based on financial need and doesn’t require repayment?
Grants
What discontinued loan program once helped students with exceptional need?
Perkins Loan
What benefit allows employees to get reimbursed for college tuition?
Tuition Reimbursement
What are your two options for borrowing funds for tuition?
Federal Loans and Private Loans
What federal loan option includes both subsidized and unsubsidized types?
Direct Loan
What type of loan often has higher interest rates and fewer repayment protections?
Private Loans