Colleges will use your academic/personal data in addition to
YOUR FAFSA to determine if you are eligible for different types of aid:
-Scholarships (Money you don't have to pay back, can be based on merit/data such as grades, test scores, first generation student, etc.) Most renewable scholarships have requirements that could be based on enrollment status and/or grades.
-Grants (Money you don't have to pay back, and is based on demonstrated financial need)
-Loans (Money you DO have to pay back-can be taken out by parents and/or students)
-Work Study (you are employed on campus, get paid and are responsible to make sure that this money helps pay your bills)
The video below gives a great over view of this process:
