Types of Aid
Types of Aid
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Financial aid for credit students may be categorized into three types:
1Gift Aid
Gift aid includes grants and scholarships that you are not required to repay.
2Work-Study
Work-Study is an award that must be earned through employment.
3Direct Loans
Direct Loans are low-interest loans to help pay for the cost of your education. A loan is money that you borrow and must repay with interest.