A broad array of methods used to fund the disparity between college/career school costs and what a family can afford generically refers to financial aid. And as it turns out, virtually all students have eligibility with about two-thirds of full-time undergraduates doing so. Financial aid may originate from many sources depending on the circumstances, although substantial portions remain underwritten from State or Federal Government sources. At the same time, private foundations, advocacy organizations, trade groups or even the institution attended all become potential funding sources to round out that list. Loans, grants and scholarships, and work-study programs, formulate the three principal categories of financial aid offering today’s students
