Category: College Planning

  • Financial Aid Basics: FAFSA, Grants, Scholarships, and Loans Defined

    This article explains the four main categories of financial aid for U.S. postsecondary education: the FAFSA application, need-based grants, merit and need scholarships, and federal student loans. It defines each term, states eligibility criteria, quantifies typical amounts and interest rates, and flags key edge cases and limitations.