Financial Aid Basics

You were raised by a single parent. Your family income qualified you to receive a need-based award from the U.S. government.

• Work Study

• Scholarship

• Grant

• Loan

Your father lost his job and the family's income became much lower. You received money from the government to pay for college.

• Work Study

• Scholarship

• Grant

• Loan

You receive a $1,000 award to help pay for college from a local community organization in recognition of your volunteer activities.

• Work Study

• Scholarship

• Grant

• Loan

You are an education major, and part of your financial aid is the money you earn as a tutor.

• Work Study

• Grant

• Scholarship

• Loan

You borrowed money through a federal program to pay for your education this year.

• Work Study

• Scholarship

• Grant

• Loan

Your other financial aid did not cover all of your college costs, so you borrowed money from a private lender.

• Work Study

• Scholarship

• Grant

• Loan

You were a high school athlete. The university is paying your tuition while you play on the college team.

• Work Studt

• Scholarship

• Grant

• Loan

You received $4,000 from the federal government because you promised to teach in a school that serves low-income students after graduation. If you change your mind, you will have to repay the full amount.

• Work Study

• Scholarship

• Grant

• Loan

You are going to school to study voice performance, and receive $1,000 per semester because you sing in the college choir.

• Work Study

• Scholarship

• Grant

• Loan

You are awarded financial aid based on your academic performance in high school. What type of aid is this?

• Work Study

• Scholarship

• Grant

• Loan