I'm a little confused here and I know this questions might sound very stupid but here we go lol
What is the difference between tuition and scolarship and all those things. I'm afraid to apply for something and then end up been a student loan kinda thing.
One more question, can I apply to as many things as I want or if I get aprove for something then I'm not gonna get aprove for something else just because I was aproved already on something, does that makes scence?? :blush

Ok, tuition is the amount of money you pay to the college or university to attend their classes.
A scholarship is a orginiaztion awarding you a set amount of money to assist you in paying for your tuition. Some scholarships can also assist with books and supplies.
You can apply for as many scholarships as your heart desires.

So what is Fasfa then? that's what I used to get all the time.

Fafsa is the Federal Student Aid program. It is Federal Grants (gifts) for people who have a financial need for assistance to pay tuition. Similar to scholarships except open to most people versus scholarships dedicated to very specific groupings. Also, most scholarships are not based on financial need.

That was the other world! Grants! Grants are financial help from the goverment right? is there other kinds of grants?

All grant means is that it is a "gift". A financial donation that you do not have to pay back.

Thank you so much for all the info!

No problem...glad I could help.

But isn't FAFSA like a loan and you have to pay it back? I know I have Student loans I have to pay back, but I'm not sure if that is FAFSA, or something else. LOL I just dish out the money...not sure where it goes. :shrug LOL

Nope Katie, I know that's all that I've had while in college and I know I don't have to pay it back.

The FAFSA is just the application for federal aid. FAFSA stands for "Free Application for Federal Student Aid". Before you start a school program (and once a year while you're a student), you fill out the FAFSA application. The federal government then processes that information and sends back information letting you know what types of federal aid you qualified for. The federal government gives grants and loans. A grant is essentially a gift from the government to help you with schooling. Loans you have to pay back, but federal student loans often have favorable interest rates and loan repayment terms, so they are much better than private loans. So, you fill out the FAFSA, and the government sends back a response letting you know whether you qualified for grants, loans, or both. You then decide whether or not you want to take advantage of the things you qualified for.

Scholarships come either from private organizations or from the school itself. They are also like a gift, but oftentimes come with certain requirements (you have to keep your grades up, for example). You apply for them separately from the FAFSA.

After you fill out a FAFSA you receive an award letter, that letter tells you specifically what you have qualified for and what amounts. That is when you have to be careful, because some of those could be grants some could be loans. If you accept ALL of the itmes in your award letter, you will be liable for paying back the 'loans' part of it. You don't have to pay anything while you are in school, however within 6 months of finishing school, you will start receiving bills and at that time must start paying your loan back. If you decided to further your education, you can postpone your student loan payments with a forebearance, however, anytime you are not attending school you have to pay back any 'loan' money given to you. Any 'grants' you don't have to worry about, that is money that was given to you for free. So just make sure that after you fill out the FAFSA and receive an award letter, you review it carefully, preferably with a financial aid counselor at whatever school you are attending.

Thank you ladies! wow now I feel I know much more :)