Understanding Grants and Loans

Once you have applied for federal student aid using the Free Application for Federal Student Aid (FAFSA), we can determine if you qualify for federal grants, loans, or work-study.

Federal grants are available for students attending colleges, including career colleges and universities. Grants, unlike loans, do not have to be repaid.

Federal student loans allow students and their parents to borrow money to help pay for college. They have low interest rates and offer flexible repayment terms, benefits, and options.

If you have not yet completed your FAFSA, go to FAFSA Filing Options.

For detailed information on all federal student aid programs, visit the Funding Your Education section on this Web site or call 1-800-4-FED-AID.