Issue link: http://ncumarketing.uberflip.com/i/1040696
WHAT IS FINANCIAL AID? Grants, scholarships, work-study programs, student loans…there are so many different types of financial aid to consider. How can you know what's right for you? Financial aid is a catch-all term for any type of financial assistance offered to students to help pay higher education costs. There are many types of financial aid, and many sources that offer it as well. When most people say "financial aid" however, they are typically referring to federal financial aid. This is money in the form of grants, scholarships, loans or special employment opportunities for students, all provided or facilitated by the federal government. While the federal government is the most common source of financial aid, states, private organizations and even employers often have financial aid options. It's important to note that not every form of financial aid is available at every institution. Ultimately, it is up to the institution to determine the types of financial aid it will accept and the provider of the financial aid to determine institution eligibility. Always check with the school of your choice before applying. WHAT IS FINANCIAL AID? Grants, scholarships, work-study programs, student loans…there are so many different types of financial aid to consider, how can you know what's right for you? Financial aid is a catch-all term for any type of financial assistance offered to students to help pay higher education costs. There are many types of financial aid, and many sources that offer it as well. When most people say "financial aid" however, they are typically referring to Federal financial aid. This is money in the form of grants, scholarships, loans or special employment opportunities for students, all provided or facilitated by the federal government. While the Federal government is the most common source of financial aid, states, private organizations and even employers often have financial aid options. It's important to note that not every form of financial aid is available at every institution. Ultimately, it is up to the institution to determine the types of financial aid it will accept and the provider of the financial aid to determine institution eligibility. Always check with the school of your choice before applying.