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Vocabulary 101 - Financial Aid

This is a list of vocabulary words about college.

AB
FAFSAFree Application for Federal Student Aid is used to determine financial aid from the government.
FeesCosts for attending colleges that are not included in tuition, for example, athletics and health services.
Financial AidFinancial help to people who cannot meet the cost of postsecondary education (education after high school)
GrantsA form of financial aid that does not have to be repaid
LoansA form of financial aid that must be repaid with interest
Pell grantA federal grant program to help low-income students attend college.
ScholarshipA form of financial aid that does not have to be repaid and is usually based on outstanding personal performance in an area such as academics, music, or athletics
Work-StudyA federal financial aid program that gives students part-time jobs, usually on campus, to help cover part of college expenses.
Tuitionthe cost of attending college. This does not include room, board, or additional student fees.


Community Learning Center
Cambridge, MA

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