Types of Higher Education Institutions

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Types of higher education institutions

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Private Universities, Vocational and Trade schools, Community Colleges, Public Universities

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Awarded only to undergraduate students and does NOT have to be repaid

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Federal Pell Grants

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Degree level for a doctoral degree

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Graduate degree

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Day-to-day or personal expenses students may have include car loan payments and cell phone bills.

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Personal expenses for students.

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Vocational and Trade Schools focus on specific topics or careers and help prepare students for the workplace by earning diplomas, certificates, or licenses.

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Vocational education prepares students for specific careers.

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After earning a bachelor's degree, a master's degree typically requires one to two additional years of education.

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Master's degree duration after bachelor's.

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Federal student loans do not require students to pay them back until after graduation.

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Repayment of federal student loans.

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Loan repayment considerations include interest rates, loan consolidations, and repayment plans.

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Considerations for loan repayment include various factors such as interest rates, options for loan consolidation, and different repayment plans.

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To obtain a federal work-study, students must possess financial need.

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Eligibility for federal work-study programs requires students to demonstrate financial need.

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FAFSA stands for Free Application for Federal Student Aid.

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FAFSA is an acronym that represents the Free Application for Federal Student Aid.