Federal Aid
Federal Pell Grants	These grants don’t have to be repaid. They’re available almost exclusively to undergraduates.  All eligible students will receive the Federal Pell Grant amounts they qualify for.
Federal Supplemental Educational Opportunity Grants (FSEOG)	These grants don’t have to be repaid. They’re for undergraduates with exceptional financial need. Priority is given to Federal Pell Grant recipients. Funds depend on availability at the specific school.
Federal Work-Study	Money is earned while attending school and doesn’t have to be repaid. Federal Work-Study is for undergraduate and graduate students. Jobs can be on or off campus. Students are paid at least minimum wage.
Federal Perkins Loans	These are loans, so they must be repaid. These are five percent loans for both undergraduate and graduate students. Payment is owed to the school that made the loan.
Subsidized FFEL or Direct Stafford Loans	These are loans, so they must be repaid. These are subsidized, which means that the U.S. Department of Education pays the interest while the borrower is in school and during the grace and deferment periods.
Unsubsidized FFEL or Direct Stafford Loans	These are loans, so they must be repaid. They’re available to parents of dependent undergraduate students.
AmeriCorps, Corporation for National & Community Service	AmeriCorps volunteers work in their communities helping others while gaining valuable experience and earning Federal Work-Study money for college. Check out the AmeriCorps web site (www.americorps.org) for more Information.
U.S. Military	The U.S. Military (Army, Marine Corps, Navy, Air Force, and Coast Guard) provides an opportunity to choose from job training in more than 4,100 different jobs. The military also offers a sign-on bonus and money for college. For more information, see http://todaysmilitary.com/app/tm/.