Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Financial Aid and other Scholarship topics.
A college financial aid package means many different things to many different schools. To some it is scholarship money available, to another it is a combination of scholarships, loans (that will need to be repaid) and work study or internship programs.
Always read thoroughly your financial aid package. Ask questions for clarification of anything you don't understand. Don't just look at the bottom line of the money offered. You may get a better offer from a different school with a more cost effective combination of loans, grants and scholarship opportunities.