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  2. Michigan Higher Education Assistance Authority - Wikipedia

    en.wikipedia.org/wiki/Michigan_Higher_Education...

    The Michigan Higher Education Assistance Authority (MHEAA) was created by the State of Michigan in 1960 through Public Act 77. One of the major components of MHEAA is the Michigan Guaranty Agency (MGA), the federally designated guarantor of federal student loans in Michigan. In that capacity, MHEAA-MGA primarily backs Michigan students by ...

  3. Student financial aid in the United States - Wikipedia

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

    An education loan is a loan taken out by the student (or parent) to pay for educational expenses. Unlike scholarships and grants, this money must be repaid with interest. Educational loan options include federal student loans, federal parent loans, private loans, and consolidation loans.

  4. Federal Student Aid - Wikipedia

    en.wikipedia.org/wiki/Federal_Student_Aid

    Parents may also borrow to pay education expenses for dependent undergraduate students. Federal Stafford Loans are made to students and PLUS Loans are made to parents through the William D. Ford Federal Direct Loan (Direct Loan) Program: Eligible students and parents borrow directly from the federal government at participating schools. Direct ...

  5. Over 610,000 more college students will qualify for crucial ...

    www.aol.com/finance/over-610-000-more-college...

    FAFSA is how students apply for financial aid such as the Pell Grant and federal student loans. "To qualify for financial aid — grants, scholarships, work study, and loans — financial aid ...

  6. The best grants for students - AOL

    www.aol.com/finance/best-grants-students...

    Grants are monetary awards for college-related costs, like tuition, room and board, books, fees and other related expenses. Unlike loans, grants don’t have to be paid back, and there’s no ...

  7. The Complete Guide To Paying For College in 2022

    www.aol.com/finance/complete-guide-paying...

    The Sallie Mae survey found that the average family covers 25% of college costs with scholarships and college grants. Scholarships and grants provide funds for college that don't need to be paid back.

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