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What is the difference between grants, work-study, loans and scholarships?

April 26, 2017Grants Loans scholarships Work-Study

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What is the difference between grants, work-study, loans and scholarships?

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A student who receives a loan must repay this money to the government, bank or organization who loaned the money. A student who receives a grant, scholarship, and/or work study is not required to repay this money.