Financial aid in a nutshell
Financial aid makes up the difference between what college costs and what a family can afford to pay. Approximately two-thirds of full-time undergraduate college students receive some sort of financial aid.
There are three main types of financial aid:
Loans that have to be repaidGrants and scholarships that don't have to be repaidEmployment programs, such as work-study, that allow students to earn money and gain job experience while still in schoolYou don't need to be an expert, but you do need a basic understanding of college costs and financial aid. Your students and their families rely on you to explain exactly what financial aid is — and how it can help them to afford college. Financial aid websitesThese useful sites are all administered by the U.S. DOE.Federal Student Aid is a good starting place for students planning for college and looking for financial aid.Free Application for Federal Student Aid (FAFSA) takes students line-by-line through the financial aid application process.Financial Aid Overview has links to many useful sites on this topic.here u go