Students wondering how to pay for college typically turn to two key funding options: loans and scholarships. Borrowers are generally on the hook to repay student loans with interest, while scholarship awards are free money — meaning you never have to pay them back. Even if scholarships don’t fully cover your college costs, they can…
The article How Is a Student Loan Different From a Scholarship? originally appeared on NerdWallet.
https://www.nerdwallet.com/article/loans/student-loans/scholarship-vs-student-loan
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