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But know that while a loan is easier to get than a grant or scholarship, it has to be repaid, oftentimes with interest. There are two different kinds of student loans: federal and private.
While the terms grant and scholarship are frequently used interchangeably, there is a difference. Scholarships may have a financial need component, but rely on other criteria as well. Some private need-based awards are confusingly called scholarships, and require the results of a FAFSA (the family's EFC).
A federal grant is an award of financial assistance from a federal agency to a recipient to carry out a public purpose of support or stimulation authorized by a law of the United States. Grants are federal assistance to individuals, benefits or entitlements. A grant is not used to acquire property or services for the federal government's direct ...
Check Out: 6 Unusual Ways To Make Extra Money (That Actually Work) First, contact your school’s financial aid office. This is a good place to start since there are likely advisors available to ...
Fulbright Program. The Fulbright Program, including the Fulbright–Hays Program, is one of several United States Cultural Exchange Programs with the goal of improving intercultural relations, cultural diplomacy, and intercultural competence between the people of the United States and other countries through the exchange of persons, knowledge ...
A scholarship is a form of financial aid awarded to students for further education. Generally, scholarships are awarded based on a set of criteria such as academic merit, diversity and inclusion, athletic skill, and financial need, research experience or specific professional experience. Scholarship criteria usually reflect the values and goals ...
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