1.
Money that helps you pay for college (grants, scholarships, loans, work-study)
2.
Total cost of going to college (tuition, housing, books, etc.)
3.
What you actually pay after financial aid.
4.
Free money based on financial need (ex: Pell Grant)
5.
Free money based on merit, background, or achievements
6.
Part-time job provided through financial aid.
7.
Money you borrow and must repay with interest.
8.
Government loans with better protections (fixed rates, grace period)
9.
Loans from banks (higher risk, higher interest, fewer protections)
10.
Failure to repay a loan
11.
Extra money you pay for borrowing
12.
Free Application for Federal Student Aid (required for most aid)
13.
Number used to determine financial need.
14.
Additional financial aid form used by some private colleges
15.
What you still pay after aid.