What kinds of financial aid are there?
There are many different types of financial aid, available from different places. The basic categories are: 
- Borrowed aid—federal government and private loans;
- Gift aid—federal and state grants, waivers and scholarships;
- Self-help aid—federal work study, earned service benefits, other work during school;
- Specialty aid programs—military & veteran programs, tax benefits, community service awards, foster care youth aid, etc.
Paying for College: Strategies to Afford Higher Education Today, Occupational Outlook Quarterly, Spring 2013. ↑
U.S. Dep’t of Educ. Federal Student Aid, https://studentaid.ed.gov/. ↑