The term for money you borrow and have to pay back.
What are loans?
100
Free money given to students by a person, group, or organization to attend post secondary education.
What is a scholarship?
100
Money awarded to students that they don't have to pay back.
What are grants?
100
The four types of financial aid.
What are loans, scholarships, grants, and federal work study
100
The document a college sends after the FAFSA application has been reviewed and all scholarships reported.
What is Financial Aid Award Letter?
200
Interest is paid by the government while in college. This loan does not accrue interest while you are enrolled in college. You must begin paying back the principal and interest on this loan from 6 months after your college graduation.
What is a subsidized loan?
200
Name one website where you can find scholarship opportunities.