Grants Free money received by the student based on financial need. This form of financial aid does not have to be repaid. *Most common grant received by students through the federal government is the Pell Grant. Maximum Pell grant for 2019-2020 academic year was $6,095.
Scholarships Free Money that a student can recieve based on merit (grades) or through submission of a application. Scholarships can be granted from multiple sources such as colleges, high school, jobs, banks, etc… This form of financial aid does not need to be repaid.
Work-Study Work -Study is EARNED money that a student may receive to go towards the cost of attending college. Students who qualify for work study will see it appear on their award letter once they have filed the FAFSA. *In order to receive work-study, the qualifying student must find and work a on-campus job.