Financial Aid Information
GRANTS, SCHOLARSHIPS & LOANS
The largest portion of financial aid is from government grants, loans and the Federal Work-Study Program. The next major source of financial aid, especially for private colleges and universities, is from the schools themselves. Finally, there are many scholarships and grants available from organizations and businesses. A scholarship is usually based on merit and a grant is based on need, but very often the words scholarship and grant are used interchangeably.