Sophia Yates

The Financial Aid GAG

FINANCIAL AID GAG I’m going to jump right in and get straight to the point!  The most common types of aid are: Grants—Free funds usually based on need and low income Loans—Debt which must be paid back at some point Scholarships—Free money based on merit Work-Study funds—(Yes, federal work-study awards are Federal Financial Aid funded.  It’s based on need, and students must work a part-time job to receive a bi-weekly pay check.)