What are the differences between a grant, a work study job, and a loan?
A grant is money that does not need to be paid back.
- A work study award (Federal Work Study - FWS) allows you to find a 'student employee' job on campus.
You must work to access these funds.
- A loan is money that you (or your parents) borrow from a bank.
These funds need to be repaid.
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