Federal Student Aid (FAFSA)Federal student aid is financial help to cover school expenses, including tuition and fees, room and board, books and supplies, and transportation. Most federal aid is need-based.
The three most common types of aid are grants, loans, and work-study.
Grants (Gift Aid) are a type of financial aid that doesn't have to be repaid.
Loans are borrowed money that must be repaid with interest.
Work-study lets you earn money while enrolled.