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Financial assistance that must be repaid typically includes loans, such as student loans, personal loans, and mortgages. Unlike grants or scholarships, which do not require repayment, loans involve borrowing money that must be paid back with interest over a specified period. Failure to repay loans can lead to negative consequences, such as damaged credit scores and potential legal action.

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2w ago

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Related Questions

What forms of financial assistance does not have to be repaid?

begging and stealing


Which of these forms of financial assistance have to be repaid?

Stafford Loans A+


What form of financial assistance have to be repaid?

stafford loan


Which forms of financial assistance have to be repaid?

Stafford Loans. A+


Is financial aid and loans the same?

Pretty much. But there are grants, which do not have to be repaid. See the school Financial Aid Office for assistance.


What financial awards do not need to be repaid?

grants


Do you have to pay back school grants if you get a job after you financial aid is awarded for no income?

Grants do not have to be repaid. Loans have to be repaid.


What is a busary?

A bursary is a type of financial aid or scholarship given to students to help them pursue their education. Bursaries are typically awarded based on financial need and academic performance. They do not need to be repaid.


What is the type of educational financial aid that has to repaid?

Any types that are a federal or private loan. Grants such as pell grants aren't paid back.


How can I obtain money free loans?

To obtain money through free loans, you can explore options such as scholarships, grants, and financial aid programs offered by government agencies, non-profit organizations, and educational institutions. These sources provide financial assistance that does not need to be repaid.


Can i get financial assistance when i move to Oregon?

You can get financial assistance in Oregon if you are eligible.


Does the Chicago Cooking Institue offer financial assistance?

Yes you can get several type of fiancial assistance. If you go to this page on their website you can figure out what suits your situation best. http://www.chefs.edu/tuition-and-financial-aid.aspx