You can learn more about
the different types of financial aid and how student loans work in the Protective Learning Center.
Learn how to report
different types of financial aid and get tax answers at H&R Block.
Several
different types of financial aid are available for students enrolling in college, including scholarships, grants and loans.
However, keep in mind, you may have to combine several
different types of financial aid to pay for your college education.
Not exact matches
As long as you (as the parent) are the account owner and your child is a dependent, the savings in a 529 will have a much lower impact on
financial aid for higher education than a
different type of account opened in your child's name.
In sum,
different types of college savings accounts offer
different advantages: The 529 plans and Coverdell accounts offer better tax benefits than UGMA / UTMA accounts, as well as a
financial aid advantage.
This is a form that endeavors to help potential students better understand what
type of aid they qualify for, how much they may receive, and how to compare the
different financial aid and work study options offered by various colleges.
But
financial aid offers vary significantly, and understanding the difference between
different types of aid can mean thousands
of dollars in savings later.
So, if you have a mix
of different types of student
financial aid, then you will need to first ensure that the loans you have are able to be consolidated.
And honestly one
of the distinction that is important and it might be helpful for Brenda to be thinking about in deciding how to move forward is the
aid of financial or other
aid that is available for
different types of kinship care providers.