Scholarships — Non-repayable gift, often based upon some measure of academic performance and financial need. Some scholarships are based on academic performance only and are made available by the individual college.

Grants — Non-repayable gift aid, usually allocated upon need alone.

Student Loans — Funds requiring repayment, usually after the student leaves college.

Work Study — Wages earned for part-time work on or off-campus during the school year.