Sources of Financial Aid

Federal
The federal government in the largest source of need-based aid. Most federal aid in made available though the U.S. Department of Education and the U. S. Department of Health and Human Services.

State
State-supported financial aid varies from state to state and may carry restrictions regarding residency in the state and/or attendance at a school within the state.

Institutional
Many colleges and universities also provide need-based and non need-based aid to their students. This type of aid is usually referred to as institutional aid and varies by school.

Private
Private aid can be significant help in meeting education costs and reducing debt, but typically requires more work by the student in locating sources of funding and applying for the aid.

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