Students are encouraged to investigate their financial aid & scholarship options when applying to college. There are different types of financial aid options available to students.
Grants: Grants are typically need-based (frequently tied to income level) and do not have to be repaid.
Scholarships: Scholarships are typically merit-based (i.e., based upon academic performance or athletic performance) and do not have to be repaid.
Loans: Loans must be repaid with interest. They may be public loans (i.e., from the US government) or private loans (from banks or other lenders).