Have question about you Financial Aid offers?
We strive to provide easy explanation through these resources with the hope of getting you familiarized with these items.
Table of Contents
Short answer: A grant is money that does not need to be paid back. A loan need to be repaid with interest.
Short answer: Pell Grant is a federally funded grant to help college students pay for school if they meet the requirements. You do not have to pay it back.
Short answer: It is a grant for Pell-grant eligible student with the lowest Expected Family Contribution.
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