Types of Aid Version en ligne A column matching game for identifying and classifying types of aid as either a grant, scholarship, or loan. par Mia Knowles-Davis 1 Grant 2 Scholarships 3 Loans Pell Based solely on financial need May have to pay money back if classes dropped Limited resource that can run out Merit and performance based Eligibility based on specific program criteria Very competitive pool of applicants Time-consuming application process No limit to the number an individual can win Must pay the money back Requires FAFSA or creditworthiness Interest Rates Establishes credit history
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