Whats a grant?





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Discus: Financial Aid and Scholarships: May 2004 - Archive: Whats a grant?
By Lisasimpson (Lisasimpson) on Sunday, June 06, 2004 - 06:13 pm: Edit

hi, i just learned that i am getting a grant for college. now i'm confused - do i have to pay a grant back? i know scholarships are free money, and i have to repay loans, but where to grants fall in this?

By Kwtortoise (Kwtortoise) on Sunday, June 06, 2004 - 06:29 pm: Edit

You do not have to repay grants.

By Lyoha45 (Lyoha45) on Sunday, June 06, 2004 - 06:58 pm: Edit

are they renewed every year?

By Kwtortoise (Kwtortoise) on Sunday, June 06, 2004 - 07:58 pm: Edit

I think so

By Gammon (Gammon) on Monday, June 07, 2004 - 02:22 pm: Edit

It depends on the grant. Some might be renewed, but not necessarily in the same amounts.

I'm getting rather substantial financial aid grants from UChicago, but I will have to reapply for aid each year and that amount could go up or down depending on our financial situation.


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