To get a grant, you typically need to demonstrate financial need and meet specific eligibility criteria outlined by the grant provider, such as the government or a private organization. Grants do not need to be repaid and are usually awarded based on merit or specific circumstances. To get a student loan, you need to fill out the Free Application for Federal Student Aid (FAFSA) form, which determines your eligibility for federal student loans based on your financial situation. Private student loans are also available from banks and other financial institutions, but they often have higher interest rates and may require a credit check or a co-signer.
