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  2. Student financial aid in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_financial_aid_in...

    Students may qualify for a Perkins Loan of up to $8,000 each year depending on financial need, the amount of other aid received, and the availability of funds at the school. Each college has a set amount of Perkins Loans for its students; there has been controversy over the formula that is used to apportion the loans to colleges.

  3. Federal Student Aid - Wikipedia

    en.wikipedia.org/wiki/Federal_Student_Aid

    The three most common types of aid are grants, loans, and work-study funds. Grants are a type of financial aid that does not have to be repaid. Generally, grants are for undergraduate students and the grant amount is based on need, cost of attendance, and enrollment status. Federal Pell Grants are designed for low- and middle-income ...

  4. Pell Grant - Wikipedia

    en.wikipedia.org/wiki/Pell_Grant

    A Pell Grant is a subsidy the U.S. federal government provides for students who need it to pay for college. Federal Pell Grants are limited to students with exceptional financial need, who have not earned their first bachelor's degree, or who are enrolled in certain post-baccalaureate programs, through participating institutions.

  5. Do you need to submit the FAFSA every semester? - AOL

    www.aol.com/finance/submit-fafsa-every-semester...

    However, there are other options available that can help lower the cost of school if you happen to miss a deadline, such as private student loans, scholarships and non-federal grants. Show ...

  6. What to Know About Grants for College

    www.aol.com/news/know-grants-college-133931263.html

    Unlike student loans, which must be repaid, or work-study programs, which often require students to work on campus to earn money, grants are a form of financial aid that does not require repayment.

  7. Student Loans, Grants and Scholarships: What’s the Difference?

    www.aol.com/finance/student-loans-grants...

    Very few people can afford to pay for a college education in full. In fact, according to the National Center for Education Statistics, 85% of students receive financial aid. This includes taking ...

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