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What is a loan?
A loan is a sum of money that must be repayed, usually with interest costs.
Grants
vs.
Loans
Grants & Loans
Most students cannot afford college on their own money or scholarships alone.
What is a grant?
A grant is a sum of money that you do not need to repay and are usually granted based on a student's level of financial need.
VIDEO: How to Pay for College: See How Financial Aid Works
by Colorado Technical University
The FAFSA is a REQUIREMENT of ALL U.S. colleges and universities. Learn more about the FAFSA here on our website or visit fasfa.edu.gov
FAFSA
Free Application for Federal Student Aid
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