What kinds of financial aid are there?

There are many different types of financial aid, available from different places. The basic categories are: [2874]

    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.[2875]
  1. 2874

    Paying for College: Strategies to Afford Higher Education Today, Occupational Outlook Quarterly, Spring 2013.

  2. 2875

    U.S. Dep’t of Educ. Federal Student Aid, https://studentaid.ed.gov/.