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Financial Aid is made available by federal and state governments and private sources in the form of grants, scholarships, employment, and loans to eligible students. Grants and scholarships do not have to be repaid. Employment lets you earn money while you are enrolled in college to help pay for your educational expenses. Loans are borrowed money that must be repaid with interest.
This assistance makes it possible for you to continue your education beyond high school, even if you and your family cannot meet the full cost of the college/university you choose to attend. All programs are based on specific eligibility criteria and the premise that students and their families (if applicable) have the primary responsibility of meeting their educational costs. Financial aid is meant to supplement your existing income/financial resources and should not be used as your sole means of income to support other non-educational related expenses.
