Scholarships are financial aid packages awarded to sudents to help further their education. They are typically awarded on merit, excellment in an activity or association - different from grants, which are typically awarded based on need.

College scholarships are the most popular ways for students to help pay for college. Scholarships are free and do not require you repay them - ala Student Loan. Most students start applying for scho [...]

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The purpose of a college grant is to provide educational funding to financially needy students to help with the high cost of a college education. Grants are different than scholarships and student loans. Unlike a student loan, a grant does not need to be repaid. Also, grants are most often need-based as opposed to scholarships which are often based on merit, activity or organization affiliation.

One of the biggest [...]

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Student loans are loans designed to help college students cover the cost of college tuition, books and other living expenses. It is different than a traditional loan in that the interest rate is significantly lower and you don't have to begin repayment until you finish school. Also the requirements for student loans are typically lower than traditional loans and are thus easier to get. One thing to note about a student loan is that if a st [...]

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