Types of Financial Aid

There are many different types of financial aid, and choosing the right type can be confusing. This section will explain some of the most common kinds of student financial aid.

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How Postdoctoral Financial Aid Works

Postdoctoral research, also called a postdoc, is an option for people who have earned a Ph.D. Traditionally, they're a way for young scientists to gain more in-depth training in their field and to supply research institutions with inexpensive labor.


How Rhodes Scholarships Work

Rhodes Scholarships pay for post-graduate work at the University of Oxford. But this prestigious scholarship isn't just for students who spend all day in the library. Athletes tend to do well, too.

How Fulbright Scholarships Work

The Fulbright Scholarship helps students pursue research abroad in hopes of boosting international understanding. How can you apply for this scholarship, and what costs does it cover?

How State Financial Aid Organizations Work

Most people know how to apply for federal financial aid, but navigating the world of state-based financial aid is a bit murkier. It's worth the effort, though.

How Postdoctoral Financial Aid Works

Postdoctoral research, also called a postdoc, is an option for people who have earned a Ph.D. Traditionally, they're a way for young scientists to gain more in-depth training in their field and to supply research institutions with inexpensive labor.

How Stafford Loans Work

Do you need some help financing your college education? Stafford loans are federal student loans designed to supplement scholarships, grants, work-study jobs and family resources to help meet the cost of tuition, fees, room and board.

How PLUS Loans Work

College is expensive, but students don't have to shoulder that financial burden alone. In fact, parents can contribute to their child's undergraduate expenses by applying for a PLUS loan.

How the HOPE Scholarship Works

Georgia started its HOPE Scholarship Program to reward academic achievement and retain in-state talent, and some other states now have similar programs. What does it take to get a HOPE Scholarship and keep it throughout college?

How Financial Aid for ROTC Works

The Reserve Officers' Training Corps (ROTC) helps students cover college costs while getting military training. How do you know if you're eligible for ROTC, and what service commitments are required?

What's the difference between financial aid and a grant?

Before you can even begin to tackle all the challenges college has in store, you first have to figure out how to pay for it. That's where financial aid can come in handy. But what's the difference between loans and grants, and which is right for you?

How Federal Financial Aid Organizations Work

As the average cost of tuition for college education gets more expensive, many students remain concerned about paying the price. Luckily, the U.S. government offers a wide variety of financial aid organizations to prospective students in need.