These are federal grants intended to help the most financially needy students. The maximum set by Congress for 2003-2003 is $4,000.
This is a Federal financial aid program that consists or low-interest loans for undergraduates and graduate students with exceptional financial need. Loans are awarded by the school.
These Federal loans allow parents to borrow money for their children's college education.
This term means "after high school" and refers to all programs for high school graduates, including programs at two-and four-year colleges and vocational and technical schools.
This refers to the face value or the amount of money you place in a savings instrument on which interest is earned.
This is a term used to describe postsecondary schools that are private and are legally permitted to make a profit. Most proprietary schools offer technical and vocational courses.
This stands for the Preliminary Scholastic Assessment Test/National Merit Scholarship Qualifying Test, a practice test that helps students prepare for the Scholastic Assessment Test (SAT I). The PSAT is usually administered to tenth or eleventh grade students. Although colleges do not see a student's PSATINMSQT score, a student who does very well on this test and who meets many other academic performance criteria may qualify for the National Merit Scholarship Program.