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If you need help paying for college or career school, the office of Federal Student Aid might be your best option. We offer more than $150 billion to students each year in the form of grants, loans, and work-study funds. And federal student aid can be used to pay for school expenses such as tuition, room and board, and books and supplies. After youve filled out the Free Application for Federal Student Aid or FAFSA, youll receive an award letter from each school you list on your FAFSA. This letter explains both the federal and non-federal financial aid options that a school is offering you. So lets talk about federal aid. If you qualify for and receive a federal grant, you wont have to repay the money. That will definitely help offset the cost of school, but you may still need additional help. If so, a federal student loan might be your answer. Remember, a student loan is just like any other loan; its borrowed money that will have to be repaid with interest. If you plan
