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What are the Different Types of Government Financial Aid?

April 26, 2017different financial aid financial aid for college government pell grant types

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What are the Different Types of Government Financial Aid?

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In the United States there are multiple types of government financial aid that are available for students who are pursuing higher education. Government financial aid is awarded to students through grants or loans. Grants are gifts and do not need to be repaid, while loans will need to be repaid to the government. To be considered for any kind of government financial aid, it is necessary to fill out the Free Application for Federal Student Aid, which is commonly referred to as the FAFSA.