Higher education can be expensive, but grants and scholarships are valuable resources that can help ease the financial burden. Unlike loans, these forms of financial aid do not need to be repaid, making them an excellent way to cover tuition, books, housing, and other expenses. Understanding the difference between grants and scholarships, knowing where to find them, and learning how to apply can significantly impact funding your education. The key to maximizing financial aid is to apply for both grants and scholarships, as they can be combined to reduce or even eliminate out-of-pocket education costs.