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There are many ways you can pay for college. It doesn't all have to be through loans. Be sure to read through your options and learn about the different ways you can get help paying for both dual enrollment during high school and college after you graduate.
There are many ways you can pay for college. It doesn't all have to be through loans. Be sure to read through your options and learn about the different ways you can get help paying for both dual enrollment during high school and college after you graduate.
The information below is from: https://studentaid.gov/understand-aid/types#grants
Loans vs. Grants vs. scholarships, etc.
Loans vs. Grants vs. scholarships, etc.
Financial aid is money to help pay for college or career school. Grants, work-study, loans, and scholarships help make college or career school affordable.
Check out this video to learn about federal grants, loans, and work-study jobs and how they can help fund your education.
Watch the video by Federal Student Aid to learn the difference between the different types:
Grants
Grants
A grant is a form of financial aid that doesn’t have to be repaid (unless, for example, you withdraw from school and owe a refund, or you receive a TEACH Grant and don’t complete your service obligation). A variety of federal grants are available, including:
Pell Grants,
Federal Supplemental Educational Opportunity Grants (FSEOG), and
Teacher Education Assistance for College and Higher Education (TEACH) Grants.
Federal Work Study
Federal Work Study
The Federal Work-Study Program allows you to earn money to pay for school by working part-time. You’ll earn at least the current federal minimum wage. However, you may earn more depending on the type of work you do and the skills required for the position. Your total work-study award depends on
when you apply,
your level of financial need, and
your school’s funding level.
Loans
Loans
A loan is money you borrow and must pay back with interest. If you apply for financial aid, you may be offered loans as part of your school’s financial aid offer. When you receive a student loan, you are borrowing money to attend a college or career school. You must repay the loan as well as interest that accrues. It is important to understand your repayment options so you can successfully repay your loan.
MIlitary
MIlitary
From TodaysMilitary.com "With more than 250 different occupations and a variety of ways to serve the Military can help you reach your personal and professional goals.
ARMY- Active Duty, Reserve, Guard
MARINE CORPS- Active Duty, Reserve
NAVY- Active Duty, Reserve
AIR FORCE- Active Duty, Reserve
COAST GUARD- Active Duty, Reserve
SPACE FORCE- Active Duty
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