| There are many types of financial aids
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| | students and these money need to be
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| offer to college and university students.
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| | repaid after the completion of the study
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| While a few are gifted aids and do not
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| | program. Although there are loans offered
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| need to be paid back; others are provided
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| | with zero interest rate by charities,
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| as a loan and need to be paid back after
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| | associations or religions organization,
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| the completion of the education program.
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| | most of loan programs have repayment
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| In general, student financial aids are
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| | provisions and repayment interest rate
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| grouped in below categories:
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| | applied.
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| - Grant
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| | Work Study
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| - Fellowship
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| | This program provides jobs that enable
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| - Scholarship
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| | students to earn a portion of school
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| - Loan
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| | costs through employment at the
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| - Work Study
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| | institution. Many colleges and
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| - Waiver
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| | universities offer job to students where
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| What are the differences between these
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| | they can earn their school fee and part
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| financial aids? Many people confuse
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| | of their living expenses.
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| especially on grant, fellowship and
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| | Waiver
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| scholarship. Let's take a brief look on
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| | Under certain circumstances, a college or
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| these financial aids. Grant, Fellowship
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| | university may allow a student to attend
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| & Scholarship A grant is a gifted
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| | the courses without paying tuition or
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| financial aid for a student that does not
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| | other costs. A certain eligibility
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| have to be paid back. Fellowship is a
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| | requirements need to be met in order for
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| fund awarded to a graduate student in a
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| | eligible for the waiver.
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| college or university. And scholarship is
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| | Last Words
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| a financial aid usually awarded based on
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| | Ideally, all students are dreamed to get
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| merit or academic achievement. Both
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| | free money (grant, fellowship or
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| fellowship and scholarship are grant.
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| | scholarship) to aid their study needs.
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| Practically, these terms very little in
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| | Although there are many scholarships
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| different and in fact, these terms are
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| | available out there for students to
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| used interchangeably in representing fund
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| | apply, beware of "Scholarship Scam".
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| gifted to students to support their
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| | Remember if you have to pay to get money,
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| college or university study.
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| | it probably a scam.
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| Loan
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| | That's all for this time. See you soon.
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| A study loan is a financial aid offers to
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