Financial aid is the monetary support that is available to prospective students like you to assist with tuition expenses and other education costs. The aid for which one is eligible may also include expenses like student housing (room and board), books, and other supplies. Your education is one of your most important investments, but it can also be an expensive one; it's important to know that there is typically aid available to help you finance it. There are various types of financial aid available, and while choosing the right financial aid for you may seem difficult, it's actually pretty simple.

Let's take a look at how and where to apply for this prospective aid, what type of aid you may be eligible to receive (scholarships, grants, and loans) and the differences between types of financial aid.