The cost of a college education continues to rise, making financial aid an essential component for many students to pursue higher education. Fortunately, several sources of financial aid are available. This article explores the broad categories of financial aid assistance that can help reduce the burden of college expenses.
Federal Aid
One of the primary sources of financial aid comes from the federal government. This assistance can be in the form of grants, which do not need to be repaid, or loans, which must be repaid with interest.
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