Page 7 - Paying for College with Financial Aid
P. 7
Need-Based Financial Aid
• States and schools provide aid in the form of:
• Scholarships
• Grants
• The following do NOT have to be paid back:
• Grants
• Work-Study – on campus jobs
• Scholarships
• Loans, whether subsidized or not, have to be repaid
• Your first payment will be due six months after you graduate