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The Daily Capital
PERSONAL FINANCE Β· Lesson 98

Scholarships vs grants vs loans

Daily Desk Β· Editorial5 min read
Three words decide whether college money is a gift or a debt. Get the order right β€” chase the free money before you ever borrow.

β€œFinancial aid” lumps together three very different things β€” and confusing them can cost you years of debt. The difference comes down to one question: do you have to pay it back?

β€” Educational, not financial advice.

Scholarships vs grants vs loans β€” The Daily Capital