Work-Study is a program that allows students to earn money to help pay for their education, while scholarships, grants, and loans are all forms of financial aid that do not require repayment.

Scholarships can be awarded based on financial need, academic merit, athletic ability, or a combination of these factors.

Grants are typically awarded based on financial need, although some grants may also consider academic merit or other factors.

Loans are typically repaid over a period of 10 years, although some loans may have longer or shorter repayment periods.

Private Loans are not a type of federal loan. They are loans that are made by banks and other private lenders.

The interest rate on Federal Direct Loans is 4.53% for undergraduate loans and 6.08% for graduate loans.

The interest rate on Federal Perkins Loans is 5.0%.

The interest rate on Federal PLUS Loans is 6.28%.

The interest rate on Private Loans varies depending on the lender and the borrower's credit score.

The maximum amount that a student can borrow in Federal Direct Loans is $57,500 for undergraduate students and $138,500 for graduate students.

The maximum amount that a student can borrow in Federal Perkins Loans is $5,500 per year.

The maximum amount that a student can borrow in Federal PLUS Loans is $20,500 per year.

The maximum amount that a student can borrow in Private Loans varies depending on the lender and the borrower's credit score.

Students typically start repaying their loans 6 months after graduation.

The grace period for Federal Direct Loans is 6 months.

The grace period for Federal Perkins Loans is 9 months.

The grace period for Federal PLUS Loans is 6 months.

The grace period for Private Loans varies depending on the lender.