Many students heading to community college do not realize that scholarships may be available. This type of financial aid is one of the most desirable because it does not have to be paid back once the degree is earned. Typically, scholarships are tied to specific skills or achievements, such as academics or sports. They are also available for particular areas of study, especially in fields in need of highly trained workers. Scholarships are also offered based on financial need, race or other factors attributed to the underserved student population.
- Federal Family Education Loan Program (FFELP) – These are loans provided by private lenders and backed by the federal government.
- Federal Direct Student Loan Program (FDSLP) – These loans are offered directly by the federal government.