Understanding Types of Financial Aid

The FAFSA connects you to student loans and other financial aid options

If you’re college bound and applying for the FAFSA, you may be confused about the types of financial aid available, the difference between federal and private student loans or even how financial aid works. It’s easy to get overwhelmed, but taking the time to learn a little about your options can pay off in a big way. Use this guide to answer some of your FAFSA questions, then contact your school’s financial aid office or one of our Education Finance Specialists to find out which financial aid options are right for you.


Helpful Tools & Information
Filing the FAFSA Tips Advice to help you with the very first step in securing most types of financial aid.
Student Loan Glossary A quick guide to various terms you’ll encounter in the student loan process.
Understanding
Financial Aid
This overview will help you sort out the various types of financial aid.
 
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