Q: What types of financial aid options are available, and how do they differ?
A: There are various types of financial aid available to students, including scholarships, grants, work-study programs, and loans. Scholarships are typically awarded based on merit or specific criteria, while grants are often need-based and do not require repayment. Work-study programs provide part-time employment opportunities on campus, and loans need to be repaid over time with interest. Our experts will guide you through the process, helping you understand the differences and explore the options that best suit your financial situation.