What is the difference between financial aid and scholarships?
An example of an AI chatbot conversation about financial aid and scholarships.
What is the difference between financial aid and scholarships?
Financial aid is a broad term that includes various forms of funding for education, while scholarships are a specific type of financial aid that does not need to be repaid.
Can you give me examples of financial aid?
Sure! Examples of financial aid include grants, loans, work-study programs, and scholarships.
Are scholarships based on merit or need?
Scholarships can be based on merit, need, or a combination of both. Merit-based scholarships reward academic or extracurricular achievements, while need-based scholarships consider the financial situation of the student.
How do I apply for financial aid?
To apply for financial aid, you typically need to fill out the FAFSA (Free Application for Federal Student Aid) and check with your school for additional requirements.
What are some common scholarships I can apply for?
Common scholarships include the National Merit Scholarship, Pell Grants, and various local scholarships offered by community organizations.
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