Students have to pay back financial aid if it is in the form of a loan, but they do not have to pay back grants, scholarships or money awarded through a work-study program. Students eligible for grants or scholarships should exhaust those options before taking out any loans, experts say
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What Is A Financial Aid Plan
It is a number used by your campus to calculate the amount of federal student aid you are eligible to receive. You will be expected to pay the difference between direct costs and the aid you receive.) Federal Direct Subsidized Loan. Federal Direct Unsubsidized Loan
What Does A Typical Financial Aid Package Include?
Your financial aid package is likely to include funds from the federal student aid programs but may also include funds from state and institutional aid programs. Note that not all colleges participate in all federal student aid programs
What Are 4 Types Of Financial Aid Assistance?
Grants, work-study, loans, and scholarships help make college or career school affordable
Is Financial Aid Something You Have To Pay Back?
Students have to pay back financial aid if it is in the form of a loan, but they do not have to pay back grants, scholarships or money awarded through a work-study program. Students eligible for grants or scholarships should exhaust those options before taking out any loans, experts say
