Navigating the cost of higher education can be overwhelming, but financial aid services are here to help make your dreams of attending college a reality. Scholarships, grants, and other forms of financial aid can significantly reduce the financial burden of tuition, textbooks, and living expenses.
When paying for college, it’s important to understand the difference between scholarships, grants, and loans:
When paying for college, it’s important to understand the difference between scholarships, grants, and loans:
- Scholarships are financial awards given based on merit, such as academic achievement, athletic talent, or community service. They don’t need to be repaid.
- Grants are typically need-based and given to students who demonstrate financial need. Like scholarships, they don’t require repayment. The Pell Grant is a common example.
- Loans are money you borrow to pay for college. Unlike scholarships and grants, loans must be repaid with interest, usually after you graduate.
FAFSA is now open! By filling out this FREE application you will have access to financial aid, including grants, loans, and work-study opportunities, helping make college more affordable.
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Local scholarships for Minarets Seniors are financial awards offered by local businesses, organizations, and residents to support students living in our area. These scholarships often have less competition, giving Minarets Seniors a better chance of receiving aid to pursue their higher education goals. |
Going Merry! will help you find and apply for scholarships, simplifying the search process by offering a single application for multiple opportunities. |
