Grants

• Don't need to be paid back

• Most often, Grants are awarded based on need. They are usually given based on your family's financial circumstances. 

• Come from federal and state governments and from colleges. 

Scholarships

• Don't need to be paid back. 

• May be awarded based on a number of reasons, such as academic merit, athletic ability, interest in a program/subject, and volunteer work. 

• Come from colleges, private organizations, governments.

• AAPS offers local scholarships (only available to AAPS students)

Loans

• Loans are money that is borrowed and must be paid back with interest. 

• The federal government offers low-interest loans to students with financial need. 

• Other lenders offer loans that charge more interest. 

Work Study

The Federal Work-Study Program offers paid part-time jobs to help students pay for a portion of their college cost.