This type of financial aid is often given for being good at sports or having good grades.
What is a scholarship?
This is money for college that you must pay back later.
What is a loan?
This is the habit of putting money aside now to use for a large purchase or goal later.
What is saving?
This type of scholarship is specifically for students who are good at music, art, or drama.
What is a talent-based scholarship?
This is money for college that you do not have to pay back. It is often based on your family's financial needs.
What is a grant?
This is a place where you can safely keep your money and even earn interest on it over time.
What is a bank?
This is money for college that you earn through community service or by being a great leader.
What is a merit-based scholarship?
This is the government program that provides both grants and loans to help students pay for college.
What is financial aid?
This is a small amount of money saved consistently over many years that can grow into a large amount.
What is a savings plan?