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Forms of financial aid:
There are 3 forms of financial aid
Financial aid is the money that exists to help you pay for college. It comes
in three forms:
- Grants and Scholarships: This is free
money that you need not pay back. This can be need-based or merit-based
financial aid.
- Federal Work Study: This is the money you
earn by working. This is a need-based financial aid.
- Loans: This is borrowed money as student
loans or parent loans and has to be paid back.
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